RE:RE:The Bashers Handbook - How to stop Iamwcw from getting paid
Seems to me they had either for 500 or 600 bopd hedged at about $99.05 WTI until December 31, 2014 so that was a good hedge for Q3 and will also be for Q4. For the first two quarters of the year it had a negative impact on earnings.
I don't think they have anything else hedged out beyond that so it will be helpful in Q4 but otherwise will have no value going forward.