POU (97,300 Q3 - 107,000 Q4)Q4 they are hoping to produce around 107,000 boe/day.
It looks like in Q4, October has the last of the meaningful gas hedges of 100,000 Mmcf. So in Q4 POU is essentially unhedged for the most part and this will have a significant cash flow in their history.
So in October 1/3 of the gas production has some hedges, after that they have purchased some floor prices but really no ceiling. This could be a big windfall in 2022.
Debt Free - Hedge Free - 107 boe/day in Q4
So being a debt free company, they can go forward hedge free with little risk, while bumping up their production in Q4 is should be a fantastic next quarter. POU has very little hedging liability on the balance sheet.
POU is flush with cash, and just increased this dividend 25% this month.
They will likely rampup production faster because they are poised for a major windfall in the next few months.
IMHO