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Re: Cobas AM: Nueva Gestora de Francisco García Paramés
En aryzta seria la hostia. Ya me veo a Parames: “Veis como Aryzta valía 8€” 🤪
VAALCO Enters Into Crude Oil Derivative Contracts
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January 27, 2021 4:45pm EST
HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period from and including February 2021 through January 2022. These swaps will settle on a monthly basis.
The Company is hedging a portion of its production volumes, excluding volumes attributable to acquiring Sasol’s interest in the Etame field, to protect cash flows which will be used to fund the 2021/2022 drilling program. The Company will review its hedging positions following the closing of the Sasol acquisition which it expects will occur in February.