Full Carry

Full Carry

When considering two futures contracts on the same commodity with two different delivery months, a market in which the price for the contract with the later delivery equals the price of the contract with earlier delivery plus the cost of storing the underlying commodity for the remaining period of time. For example, suppose the price of a July expiry futures contract on gold is $995 per ounce and the cost of storing it for a month is $5 per ounce. In a full carry market, the price of an August expiry futures contract on gold would be $1,000 per ounce. A full carry market is also called a full carrying charge market.
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Goanna exploration well committed with full carry to Faroe at 30% WI(Working Interest) committed to drill the Goanna exploration well; spud expected Q4 2017
East Corrib farm out for full carry at 20% WI: Irish Ministerial approval granted for a farmout to Nexen of licence 16/23, West of Ireland
Following the First Transfer, if Tullow elects to participate in the drilling of an exploration well on the Cooper Block, Tullow will be transferred an additional 15% working interest in the Block, in return for a full carry of Eco Atlantic's share of costs to drill an exploration well on the Block which is capped at $53 million.
Apache has agreed to pay for a portion of TAG's direct costs incurred to date, as well as providing TAG a full carry on three phases of operations to a maximum agreed cost in each phase.
Holiday victory Owner Padraig Coffey spends more time in Lanzarote than in his native Portarlington but made the trip to Greenmount to see the appropriately named Half Full carry his colours to victory in the opening maiden hurdle.
Apparently he asked her to help put his tent up - an anecdote that Katie Price would have milked for its full Carry On potential but which passes here without so much as a raised eyebrow.
The gap in between is pitted with bunkers so again a full carry to the green is essential.
Sound Energy, the African and European focused upstream gas company, is delighted to announce the signature of binding heads of terms with Schlumberger which will expand Sound Energy's relationship with Schlumberger into Meridja and the Tendrara relinquished area(s) in exchange for a full carry on Sound Energy's forthcoming Eastern Moroccan geophysical survey programme, estimated at US$27.
A cash consideration of approximately $A212 million is being secured from Santos when the Bonaparte joint venture was formed, and has received a full carry on study and development costs by GDF SUEZ.