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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 canneon May 12, 2015 4:36pm
256 Views
Post# 23721043

RE:For April to December 2015, approx 70% of oil hedged

RE:For April to December 2015, approx 70% of oil hedgedIt must be tough being in charge these days. Reading the hedges in place, not only does one have to forcast the price, decide how much in the way of volume, and time to recovery in the oil & gas market but currency even factors into the mix. Some of the hedges have been put on in C$ and some are in US$... Hedge the oil,gas and currency and hope for some luck...
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