RE:RE:Hedging
I was asking them to hedge when oil was 115 dollars a BOE, so we can if they are producing 100,000 boe a day and we price oil at 80 Canadian. The 3.5 million dollar a day blunder, or the 100 million dollar a month bunder, or a billion dollar blunder. With know that they end up with almost 2 billion in debt, I think there is a good reason for management to think about protecting the cash flow.