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07/03/15
20:02
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xmanrocks
I am astonished that you think I should know all about hedging!
Since you are obviously expert could you please answer my questions (it should be very easy in hindsight)
- So in October 2014 Tap should have hedged production at 80/90 USD?
- For what contract term and how many barrels?
- I am vaguely aware of the futures market but I assume Tap could have sold those Puts if there was a lengthy delay in start up.
I appreciate you comments. Thanks
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