Preem’s put options rolled into a later contract
As described in Corral Petroleum Holdings (publ) latest Quarterly Report, in November 2014 Preem AB (publ) purchased put options equivalent to approximately 11 million barrels of crude oil, with strike price 70USD/bbl and expiry on January 12, 2015.
In December the options were sold and replaced by put options corresponding to the same volume with strike price 68USD/bbl and expiry on Feb 9, 2015.
For further information, please contact:
Peder Zetterberg, Chief Financial Officer
Office: +46 10 450 1047