RE:Do I understand correctly....short answer is yes by a lot.
to simplify the math if you look at Revenue only (not AFF) using round numbers of production the equivalent for a $5 drop in WTI is $0.40/mscf of gas using NVA's 40/60 ratio of liquids to gas production.
As current Aeco is ~$3+ and hedges were at $1.92 for 65% of the volume, the average post hedge combined with spot provides about a $2.25/mscf price point. at $3 spot, there is a $0.75/mscf delta.