EnQuest is the largest UK independent oil company in the UK North Sea. Since its IPO in 2010, EnQuest has been growing rapidly. It generated $581 million in EBITDA in 2014 and targets a long-term average compound annual growth rate of at least 10% for both production and reserves. It has net 2P oil reserves of 220 million barrels, with net contingent resources of 171 million barrels. It operates its own production licences and has a workforce of 2,000.