Tap negotiates hedging program for Manora field

TAP Oil has hedged against an oil price downturn this month, negotiating a commodity swap with BP Singapore covering 30,000 barrels of oil from the Manora oilfield in the northern Gulf of Thailand it shares with the UAE’s Mubadala Petroleum.

tap.jpg

08 July 2019
comments

Podcast Series: Agility in Oil & Gas and why it's needed now more than ever

SPONSORED
aveva
Digital capital raising platform opens doors with over 100 ASX offers completed

SPONSORED
blue horseshoe ventures pty limited
Decommissioning: the time is NOW, Australia

SPONSORED
coda
APPEA 2023 - Essential & Relevant - A must attend for this year

SPONSORED
appea

Under the hedging agreement the 30,000bbl will be covered at US$61 a barrel, hedged against the July Dubai crude price.

An invaluable asset to Australasia's oil and gas sector

Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.

EnergyNewsBulletin.net Package

SUBSCRIBE NOW

Full access to EnergyNewsBulletin.net resources on desktop and mobile
Industry-leading insights into the future of energy
Expert market views on digitalization and renewables
In-depth features on advancements in technology
A ﬁrst look at latest commodity price updates and breaking news
2 daily newsletters covering hot topics in operations and investment
Access to the complete Energy News Bulletin archive since 2006

Try EnergyNewsBulletin.net for 30 days for ONLY $1

START YOUR TRIAL

best value

Resource Sector Investment Package

SUBSCRIBE NOW

All the benefits of EnergyNewsBulletin.net package, plus Unlimited access to MiningNews.net
Access to all MiningNews.net articles and additional features
MiningNews.net daily newsletters
Exclusive monthly newsletter from RESOURCESTOCKS featuring select commodity market analysis and latest company profiles.