GREY:PSGLQ - Post by User
Post by
wooduckon Jun 02, 2000 12:24pm
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Post# 2006207
hedging
hedgingThere seems to be confusion re: hedging.
ON p14 from con.fin. statements issued may18 2000
THE COMPANY HAS ENTERED INTO AGREEMENTS TO SELL 18 BCF OF GAS(10 MMCF PER DAY)
AT$2.78 THROUGH OCTOBER 2004 AND 27 BCF OF GAS (25 MMCF PER DAY)AT AECO LESS U.S.
the latter doesn't seem too bad
$0.19 FOR THE PERIOD FROM APRIL 2001 THROUGH MARCH 2004.