OTCPK:MAUXF - Post by User
Comment by
billythekiddon Sep 05, 2012 12:32pm
294 Views
Post# 20320018
RE: Hedging oil
RE: Hedging oil I would be on board with that as it would eliminate the risk of Oil dropping and allow Mart to lock in profits on current Production. If Oil prices rise it would be a Win..Win.. situation with new production coming on stream at the higher price and possibly less than 50 % of production hedged. Maybe the New C F O has a plan in mind