RE:The small amount of oil we do produce...largeinvest wrote: 50% of it is hedged for 2020 already and 25% is hedged for 2021 at $75 cnd floor price!!
Ok, Im going to share what I THINK I know. Arc is my biggest holdimg so dont take this as bashing. Just yesterday I researched the solid floor, so I could be wrong. My interpretayion of this chart is with oil at $33, arc gets $45. $54.23-$41.92=$12.31 $33+12.31=$45.31 If I'm wrong, feel free to help me out.