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North Sea group’s sales still fall 10% because of lower oil price
Operator’s move shows how smaller companies are finding ways to make money from abandoned assets
As lower crude prices hit home, banks may no longer provide credit
Shares slip almost 7 per cent but company expects to cut costs per barrel further in 2016
Little explorers need to merge and cut costs
North Sea oil producer’s chief also hails UK tax cuts on petroleum
Investors sell bonds in oil producers seen as most at risk of defaulting on their debts
Banks to raise net debt to ebitda covenant on credit facilities to five times
Are EnQuest bonds, trading at half their face value, a buy for contrarian investors?
Cairn, Premier and Tullow set to update on trading during tough operating environment
Latest directors deals at Countrywide, Bowleven, Genel and EnQuest
Latest directors’ deals at Devro, Keller and EnQuest
EnQuest dropped 6% to a record low of 72.7p on fears it may have to delay capex to protect cash
Shares in oil producers don’t track the oil price very well
Industry claims current regime chokes exploration
International Edition