BPT 1.20% $1.27 beach energy limited

spec,bpt oil is hedged at $60.delhi is 3million barrels at...

  1. jbp
    1,303 Posts.
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    spec,bpt oil is hedged at $60.delhi is 3million barrels at $20-30 running to end of 2009.exact details were not released.any new discoveries will not be part of original delhi hedge.this is the main reason delhi was a bargain,1000 wells to be drilled,4 rigs going 24/7. over ground that has not been touched in years,due to sto thirst for gas. cheers jbp.
 
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