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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Comment by theman0on Dec 12, 2014 2:23pm
287 Views
Post# 23225062

RE:What exactly is there hedge

RE:What exactly is there hedge
I do not remember the exact amounts, but I do know that many of the costless collars go all the way out to the end of 2015. These derivative positions are hugely in the money right now. Perhaps LRE will or already have covered these positions at a massive profit. I guess we will find out next week.
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