In 29 days we are free . In order to protect the company's 2021 first half capital program, during the last half of 2020, Cardinal hedged approximately 59 per cent (9,333 bbl/d) of its first quarter budgeted oil production. Cardinal's oil hedging exposure reduces to 39 per cent (6,000 bbl/d) in the second quarter of 2021 and in the second half of 2021, it drops significantly to approximately 13 per cent (2,000 bbl/d) of budgeted oil production.