RE:Questions for Brian Ector...Red, careful with your calculations. The 40% is for crude oil hedge not total production and it is net of royalties.
They do highlight on the monthly presentation (their overall guidance right now is 83-85K *total production not just oil*)...yes if they exceed the oil production side the % hedge drops
(2) Percentage of hedged volumes are based on 2022 annual production guidance (excluding NGL), net of royalties