another commentHedging definitely hurts a bit, but still more than half of production is not hedged and nearly all will be without hedges in Q1 - that's a $20 increase on about 40% production, but with prices going up the 60% unhedged is going up and I believe that RRX doesn't have the hedge issues so that will go up.
Hopefully, the discount on WCS will be less and the price is going up
How this is not a in at least the mid $3's USD is beyond me - would like to see it run, better yet, someone needs to go after them and try to buy them out between $5 and $6 USD before it costs them over $10 USD - a big oil company needs to acquire quietly 10% between $2.90, where it is at now and $3.50 USD and then put in a bid