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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Spyglass Resources Corp > how low??
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Comment by 76Monteon Dec 12, 2014 12:00am
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Post# 23222400

RE:RE:how low??

RE:RE:how low??
To put it mildly, lower oil prices are hurting SGL.  But how low can the market price of Spyglass go is hard to say.  The market is acting like Spyglass is 'down for the count'.  But I did notice that some of SGL's production is hedged, so hopefully the prices of crude will recover prior to the oil hedges expiration.
Here is the link for November hedging from SGL's website:

https://www.spyglassresources.com/images/stories/financial/11-13-2014-Hedging.pdf

Cheers & GLTA.

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