GREY:ZARFF - Post by User
Post by
red911on Jan 12, 2017 6:02pm
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Post# 25701776
More Hedging...
More Hedging...Doing all the right things to get through 2017. Zargon hedges more production at $71.50 (Canadian) 2017-01-12 18:48 NT - News Release Mr. C.H. Hansen reports ZARGON OIL & GAS LTD. ANNOUNCES HEDGING OF 650 BBL/D OF OIL Zargon Oil & Gas Ltd. has entered into an additional hedge to fix the West Texas Intermediate price of oil on 650 barrels per day of oil production at an average of $71.50 (Canadian) for the period February to December, 2017. When this hedge is combined with previously announced hedges the total volumes hedged from February to December, 2017, are 1,300 barrels per day at an average price of $69.24. We seek Safe Harbor.