Post by
Robertboblaw on Dec 22, 2020 11:55am
Holy AECO spike Batman!
Am I reading thus right, AECO up $2.90 today ? Lol winter wollup = gas prices spike?
Comment by
regardless on Dec 22, 2020 2:24pm
Up 2.90$???? Or up to 290$?
Comment by
Robertboblaw on Dec 22, 2020 2:39pm
I can read lol. It's up $2.90 to ~$5.50 (But my listing is delayed by a day so I can't confirm it's still there). I'm sure someone on here has a quote up to the minute but that's what I saw this morning.
Comment by
regardless on Dec 22, 2020 3:24pm
If that's true our free cash flow in q4 will have a huge jump they don't have a large percentage of gas or liquids hedged
Comment by
retiredengexec on Dec 22, 2020 3:29pm
Not really as only nine days in the quarter Also if its above hedged price then VII pays the bank. That said a good development.
Comment by
Robertboblaw on Dec 22, 2020 5:37pm
Yeah retiredguy is right. Vii has 50% of their dry gas hedged at $2.55 USD, that's a significant gas hedge.
Comment by
regardless on Dec 23, 2020 12:39pm
Our gas hedges don't look so bad anymore lol Gas down 7% and we are just about at our hedge making money either way