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TAP - Tap Oil News Story

A$0.13 0.0  0.0%

Last Trade - 18/11/19

Sector
Energy
Size
Micro Cap
Market Cap £29.3m
Enterprise Value £4.82m
Revenue £34.6m
Position in Universe 845th / 1836

BRIEF-Tap Oil Ltd Enters Commodity Swap With BP Singapore

Fri 5th July, 2019 10:29am
July 5 (Reuters) - Tap Oil Ltd  TAP.AX :
    * ENTERED  COMMODITY SWAP WITH BP SINGAPORE COVERING 30,000
BARRELS OF MANORA CRUDE AT US$61.00/BBL
    * IN TOTAL COMBINED, 58,125 BARRELS OF MANORA CRUDE JULY
CARGO
HEDGED REPRESENTING 72% OF COVER
    * COVER WILL PROVIDE PRICE CERTAINTY AGAINST ANY DOWNTURN IN
PRICES THAT MAY OCCUR DURING JULY 2019

Source text for Eikon:  ID:nASX7xd3kX 
Further company coverage:  TAP.AX 

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