OTCPK:VGIPF - Post by User
Comment by
funkshow33on Feb 25, 2013 9:27am
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Post# 21037305
RE: RE: RE: RE: Spring Breakup time coming and che
RE: RE: RE: RE: Spring Breakup time coming and che Just to be clear. They are hedged now 75% for 2013 and 70% for 2014 at 93-96 WTI. So if the Edmonton spread is $10. They are getting $85 ish. If the spread goes back to $20 as it did in Dec and u will see on the Q 4 report the hedge is $75. This time next year with a few more pipes we won't need to worry about the spread and $95 hedge may put us inline for a special divvy. But expect a weak Q4 based on the spread.