Update on potential farm out

ENQUEST PLC, 15 September 2016.

Update on potential farm out

On 18 July 2016 EnQuest announced that it was in discussions with Delek Group
Ltd ('Delek') with regard to the potential sale to Delek of an interest in the
Kraken development. EnQuest and Delek have ultimately been unable to reach an
agreement and those discussions have now terminated.

Ends

For further information please contact:

EnQuest PLC

                             Tel: +44 (0)20 7925 4900
Amjad Bseisu (Chief Executive)
Jonathan Swinney (Chief Financial Officer)
Michael Waring (Head of Communications & Investor
Relations)

Tulchan Communications

         Tel: +44 (0)20 7353 4200
Martin Robinson
Martin Pengelley

This announcement has been determined to contain inside information.

Notes to editors
EnQuest is the largest UK independent producer in the UK North Sea.  EnQuest PLC
trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. Its
operated assets include the Thistle/Deveron, Heather/ Broom, Dons area, the
Greater Kittiwake Area and Alma/Galia, also the Kraken and the Scolty/Crathes
developments; EnQuest also has an interest in the non-operated Alba producing
oil field.  At the end of June 2016, EnQuest had interests in 29 UK production
licences, covering 41 blocks or part blocks and was the operator of 26 of these
licences.

EnQuest believes that the UKCS represents a significant hydrocarbon basin, which
continues to benefit from an extensive installed infrastructure base and skilled
labour.  EnQuest believes that its assets offer material organic growth
opportunities, driven by exploitation of current infrastructure on the UKCS and
the development of low risk near field opportunities.

EnQuest is replicating its model in the UKCS by targeting previously
underdeveloped assets in a small number of other maturing regions; complementing
its operations and utilising its deep skills in the UK North Sea.  In which
context, EnQuest has interests in Malaysia where its operated assets include the
PM8/Seligi Production Sharing Contract and the Tanjong Baram Risk Services
Contract.

Forward looking statements: This announcement may contain certain forward
-looking statements with respect to EnQuest's expectation and plans, strategy,
management's objectives, future performance, production, reserves, costs,
revenues and other trend information.  These statements and forecasts involve
risk and uncertainty because they relate to events and depend upon circumstances
that may occur in the future.  There are a number of factors which could cause
actual results or developments to differ materially from those expressed or
implied by these forward looking statements and forecasts.   The statements have
been made with reference to forecast price changes, economic conditions and the
current regulatory environment.  Nothing in this presentation should be
construed as a profit forecast.  Past share performance cannot be relied on as a
guide to future performance.