Interesting: Page 48, Year End Reporting PackageIt lists settlement months and prices.
Barrels Sale Price
Apr 2021 226,793 33.73
May 2021 133,094 33.73
May 2021 212,828 26.63
May 2021 286,211 32.41
May 2021 960 32.41
Jun 2021 48,566 32.41
" 37.402 43.22
" 16,594 45.01
" 895 41.87
" 130,017 41.52
" 88,543 43.98
" 38,106 50.22
Total Barrels 1,220,009 of these approximately 900,000 sold for nearly $30 below today's market prices Brent $66.77. This will bring about US $30 million into TAL's treasury. This will not show up in the first quarter statements except as a footnote i.e. the balance sheet will not be affected until the end of the second quarter.
Thirty Million Dollar is very significant item on TAL's books. Investors should take note.
Bean & Dunn