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EnQuest goes for innovative retail bond issue

EnQuest CFO Jonathan Swinney (LON:ENQ) tells Proactiveinvestors that the aspiration is to continue to raise production from its operations in the North Sea with 23 to 28,000 barrels of oil a day this year increasing to 33,000bpd in 2014. The costs of developing new opportunities will, in part, be funded by the release of a 5.5% retail bond.