GREY:BNPUF - Post by User
Comment by
LNGStrongon Mar 29, 2018 1:37pm
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Post# 27803866
RE:Price Hedging
RE:Price HedgingThanks for sending this shipwrecked! this is really great info.
i'm not concerned with 2018 nat gas as Bonavista's done an amazing job of hedging; but without monetary forwards to replenish hedges in 2019, it might be an interesting year to come.
"AECO prices for week starting Mar. 26, ’18 (CAD / GJ): Price for Apr. ’18 is not likely to exceed $1.65. Price for Summer ’18 (Apr. - Oct.) is not likely to exceed $1.22. Price for Winter ’18 - ’19 (Nov. - Mar.) is not likely to exceed $1.98."
unbelievable.. $1.22/GJ.. hope for the best, LNG can't come quick enough.
any other near or long term catalysts you guys see out there that might bring about improvements in nat gas pricing? i see that transalta is moth-balling coal fired power gen at sundance soon.. here's to hoping for nat gas conversions.