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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > hedging production
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Comment by mjh9413on Nov 17, 2014 8:07am
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Post# 23135085

RE:hedging production

RE:hedging productionhere it is but you surely read the MD&A's on SEDAR for Cdn companies...
The Company has not entered into
any commodity sales agreements or derivative financial instruments to reduce its exposure to commodity price
volatility, or foreign currency fluctuations related to its USD denominated crude sales.

Since they are co-venturers I imagine all 3 might need to at least agree to hedging etc. Pricing from memory is a premium to brent but others can correct me on this.
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