RE:Many Hedges Start to Roll Off after June 30....Correction: 100% of OIL Hedges roll off after June 30.... WOW!! 40% of current production is OIL/NGL's... so that is clear sailing.... 60% of current production is dry NG.... which has decreasing hedges suggesting 68% of NG is unhedged for reminder of 2022. SO....about 82% of total BBL's are unhedged after June 30; AND their May 10 2022 pricing assumtions are way below from their May 10 basecase:
AECO Gas C$/GJ $3.75 (+3.00-3.50)
WTI US$/bbl $80.00 (+25-30)
FX US$/C$$1.26 (+.02-.03)
Look out folks....
TD12