RE:Press ReleaseUnfortuinate they dont have any light oil hedged for Aug, Sept, Nov.......
Light oil is nice too see increasing in production and back over 12k.
fortunefavorsus wrote: Based on the press release I believe they could pay down another 40 million at the end of July so the amount financed even at high rates will not be that much and long term debt will be under $300 million soon. They do have 6200 hedged at $139 in July. Looks great but again bad timing on press release. OBE the most undervalued oil stock in Canada?