RE:This company
"This company Is hedged for 3 and a half years at 90-100"
that is absolutely NOT TRUE
they have 40% hedged in 2015 at $90 and from there it gets less.
"Three years from now this oil drop will hardly be remembered."
I doubt that, there will be some folk who remember madkinga lot of money and some folk who remember losing a lot of money. This drop will be remembered.