They spend 320+160+58=$538 millionTo buy private equity assets since oct 18 , 2018..............do you then after investing all that money on assets hedge away all hope of makeing a profit on those assets? Sgy will lose $1.50 / share or $125 million in hedge loss in two year period from 2021 to 2022........this shows a failed business plan.......this shows an inept management........this shows a management who has no confidence or faith in its own business model......this shows a management who although produces oil has no confidence in its own projections