GREY:MKRYF - Post by User
Post by
naga00on Jul 09, 2017 12:20pm
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Post# 26448638
canadian NG is around $1 canadian
canadian NG is around $1 canadianThis is not unusual-if you look at last
summer the same thing happen and by winter it was around $4.50.
One assume as winter approaches usuage increases and so does the price - very cyclical
I have not seen the hedging for Questfire, but considering how conservative they ran the common
most of their NG was hedged attractively
this why i would drill in the late third and fourth Q and complete just in time for higher prices and then start to build a profitable hedge.
Hopefully Mass might learn something about being a little more conservative