RE: What's IAE's hedge position Ok, I did a bit of research and all I could find was in the year end report a tidbit about 2,000,000 barrels hedged at $109 for 2013/14. So at least there's $218,000,000 gauranteed. I seem to recall some kind of hedge required as part of the Valiant acquisition, but I could be wrong - anyone remember that at all? I'll keep looking and answer my own question if I find it before anyone responds.
ps: don't respond to shiny. #1 rule regarding trolls is "don't feed the trolls"