RE:RE:Oil hedge ? Now you got me thinking about being unhedged. In a raising strip while also raising production (2022 drilling program) with the yield type wells that LXE drills it could really benefit from a rising spot. This, like BIR, could make their 4 year plan to 30K (5 years when thye started last March) a 2-3 year plan (based on increased cash flow and using it for CAPEX). They have the locations - just need the crews and the captial.
Man is LXE in the right spot at the right time with the right land position and the right team and no debt.