TAP tap oil limited
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News: TAP Tap Oil says commodity hedging program executed

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    18/03/16
    10:06
    Post #: 17307836

    March 17 (Reuters) - Tap Oil Ltd (TAP) :

    • Commodity hedging program executed (TAP)
    • Met bnp paribas and siam commercial bank requirement to hedge approximately

      50% of forecast 1P manora production for between 6 and 12 months

    • Modifications proposed to be made to the bnp facility are expected to

      significantly strengthen the company's financial position
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