HedgingFYI I may have gotten somewhere on their hedge position. When the presentation for the merger went up early in February Arc indicated they were ~15% hedged on oil/condy. Let's say oil was roughly ~$55 at that time. Then the latest presentation indicates as of middle of May they indicated ~40% hedged on oil condy, lets say oil prices were ~$65 at that time. So perhaps these represent two tranches of hedges with a WA price of roughly $62 or so. If this is the case, this isn't the worst price to be ~40% oil/condy hedged at. We know VII had some legacy hedges on the books for 2022 but it was very minor, so I doubt the prices of those hedges would materially affect these prices. GLTA