GREY:CEQXF - Post by User
Post by
gopatson Oct 03, 2013 2:13pm
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Post# 21788640
Hedging
HedgingFrom their NR
Cequence will remain disciplined in its approach to capital spending and intends to manage its balance sheet accordingly. To protect against fluctuating commodity prices Cequence anticipates increasing its existing hedge positions. Currently, Cequence has hedged approximately 50% of its remaining 2013 natural gas production volumes at an average price of $3.63 per mcf and 27% of its 2014 natural gas production volumes net of royalties at an average price of $4.06 per mcf.
Read more at https://www.stockhouse.com/companies/bullboard/t.cqe/cequence-energy-ltd?postid=21787591#v2JuLdVImxRkxzBx.99