EnQuest CEO Says Company Has Cut Capex Significantly

The video discusses the company's hedging strategy, production growth, and capital expenditure reduction. It highlights the impact of tax changes on the oil industry and explores the potential for shale oil production. The company has focused on reinvesting cash flow for growth rather than paying dividends. The discussion also covers the competitive advantage in operating late-life assets and the importance of maintaining infrastructure in the North Sea.

What competitive advantage does the company claim to have?

What is the company's stance on paying dividends in the near future?