Post by
Leewardcape on Nov 24, 2022 8:50am
Post By Red2000 Below
Yes, the hedge explanation looks very comprehensive: simply stated: they limit the upside but protect the downside...and this hedging will drop to 18% daily production in 2023...good stuff, as always red!
Comment by
dllscwbysfn on Nov 24, 2022 10:32am
I did not know of this 18% hedge plan. I think we have about 11% hedged now, is this correct? I am hoping they will hold off until prices are better (but who knows for sure) to hedge the remainder.