Veren Inc T.VRN

RE:RE:RE:RE:The q2 hedges are done with now

[ppp]

This is the number they lost on their hedges in Q2.
 The Company recorded total realized derivative losses of $87.9 million and $123.5 million for the three and six months ended June 30, 2018, respectively, compared to total realized derivative gains of $23.2 million and $34.0 million in the respective periods in 2017.

The Company's realized derivative loss for crude oil was $93.1 million and $133.2 million for the three and six months ended June 30, 2018, respectively, compared to realized derivative gains of $21.8 million and $30.5 million for the respective periods in 2017. The realized derivative losses in the three and six months ended June 30, 2018 were largely attributable to the increase in the Cdn$ WTI benchmark price, partially offset by the increase in the Company's average derivative crude oil price. During the three months ended June 30, 2018, the Company's average derivative crude oil price increased by 8 percent or $5.45 per bbl, from $69.18 per bbl in 2017 to $74.63 per bbl in 2018. During the six months ended June 30, 2018, the Company's average derivative oil price increased 6 percent or $4.02 per bbl, from $69.78 per bbl in 2017 to $73.80 per bbl in 2018.