Handcuffs are Off.....POU hedges are basiclly off and they have no long term material hedges in place.
This is especially when condensate is trading north of 100 dollars and in alberta you are paying north of 12% royalities.
Just image the impact on some of these producers that have hedged at say 40 dollars U.S. and they are paying $10 dollars a boe in royalities, their netbacks are only $30 dollars a boe.
POU is so well positions, and Net Debt will be very very low, this quater is going to blow the doors off the market.
IMHO