Brief: Dome Energy Has Realized Hedge Profits Of About $1mm In November 2018

Hotel Fast SSE AB (publ)

16/11/2018 13:04

Nov 16 (Reuters) - Dome Energy AB (publ)  DOMEN.ST :
    * DOME ENERGY ANNOUNCES THAT IT HAS REALIZED HEDGE PROFITS
OF
~$1MM IN NOVEMBER 2018
    * DURING OCTOBER SOLD CONTRACTS FOR 76,000 BARRELS OF OIL AT
ABOUT
$71 PER BARREL, WITH DELIVERY THROUGH 2019
    * PROFIT WILL AFFECT OUR Q4 NUMBERS
    * SAYS RECENT UNFORESEEN DROP IN OIL PRICES GIVEN
OPPORTUNITY FOR
SHORT TERM PROFITS, AND DECIDED TO SELL THESE HEDGES NOW

Source text for Eikon:  ID:nWkr3bsWlR 
Further company coverage:  DOMEN.ST 

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