OPERATIONS

Tap Oil's hedging strategy delivers

AUSTRALIAN-listed Tap Oil has hedged a further 45,000 barrels of oil from its productive Manora oilfield, entering into a contract with BP Singapore.

 manora.jpg

manora.jpg

Tap Oil has a 30% stake in the Gulf of Thailand field, which is operated by the UAE's Mubadala Petroleum (60%) with minority partner state oiler PTTEP (10%).  Tap had already hedged 45,000bbl light...

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