RE:RE:RE:RE:Rising tide They will be pissing away lost profit on 40% of their 2022 NG volumes. Fortunate that they are collars and not calls. Bottom line is that they need to drill new wells and get their production up over 5kboe/d.
Justhalffull wrote: Oops. Just noticed that the 1700 or so hedge that is expiring will be replaced by a 1150 and 1250 bbl hedge for 1st and 2nd half of 2022. Better hops the NG sales cover the hedging losses.