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News: TAP Tap Oil Says Entered Commodity Hedging Instruments With BP Singapore

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    28/05/20
    11:15
    Post #: 44889157

    May 28 (Reuters) - Tap Oil Ltd (TAP) :

    • ENTERED COMMODITY HEDGING INSTRUMENTS WITH BP SINGAPORE
    • HEDGING HAS BEEN IMPLEMENTED AGAINST DUBAI CRUDE
    • 37,500 BBLS OF SWAPS AT A FIXED PRICE OF US$35.5/BBL FOR MONTH OF JULY 2020
    • 27,000 BBLS OF SWAPS AT A FIXED PRICE OF US$36.20/BBL FOR MONTH OF SEPTEMBER 2020
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