✕
MARKETS

ADX ups its hedges

AUSTRALIA-based European oil producer, ADX Energy, has further hedged its oil price bets, securing two fixed-price contracts with BP of around 200 barrels per day at an average oil price of US$68.87 per barrel.

Mark Tilly
ADX ups its hedges

The new price compares to the previous average hedged oil price position of US$43.05/bbl, however it is still below the current oil price of US$75/bbl.  The company on Wednesday cited ongoing market...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

Santos plans to decommission Simpson field permanently

2
OPERATIONS

Santos shows financial grunt in testing times

3
EXPLORATION

Lakes Blue Energy scraps farm-in deal with Cooper Energy after better offer

4
EXPLORATION

Triangle signs rig for North Perth Basin well

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login