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Hague and London Oil

  • BY: Andrew Hore |
  • POSTED: 27/01/2020 |

Hague and London Oil has expanded its facility with Engie Energy Management by Euro4m.

The Southern North Sea-focused oil and gas company has also placed a surety bond to cover the decommissioning security agreements in the Netherlands North Sea. The bond covers Euro25m of liabilities.

The company has hedged 64% of annual gas sales at Euro17.80 in 2020 and 24% of 2021 sales at Euro17.63.

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