RE:RE:Not a happy shareholder right nowThe 1/3 volume hedge has a U.S. example in Ring Energy, another company I follow, where because of debt the bank made them take a hedge for about 3300 bbls/d oil at ~$47 that lasts to the end of this year (60% of their hedges came off just at the end of 2021). That said REI should pass 10,000 bbls/d I'd expect before the end of Q2 - they did do an additional hedge for 1000 bbls/d at $84 to the end of 22 as well. This was what they had to do to survive the 2 Yrs of Covid Lockdown madness that screwed up the balance sheets of everyone not in Big Pharma. SGY is still a positive cashflow machine with great assets. Oil prices will remain high long after the hedges expire. With the huge bust in long term oil exploration the World is looking at a huge supply shortfall of something like 20 to 30% later this decade but the thirst for oil is still growing. It's going to take a years long tremendous effort from the Global industry with copius investment to get the prices under the 70's again imo. It's a demand curve that supply may never fully catch up to and we're just seeing the start.