re: buyers building Whatsup ... could you tell me how the "oil swap" at just below $55 is structured ? ... I think its for just under 1/2m bbls in total ... how many per month are they delivering into do you know and when will it be complete. On the unhedged portion I would have thought the profit would have been a minimum of A$50 per bbl now that oil in Aussie $$ is $100 !! .. am thinking it could be $60/65 ... so average with hedged stuff would be around $50 !!!
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good news buried in bpt ann today, page-6
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