RE:RE:RE:RE:Some quick questions pleaseAeco is currently under 80 cent strip for next 3 months. At that price point there are a lot of wells that will lose a lot of money that should be shut in.
It doesn't matter if you are 50% or 75% hedged and only minimal exposure to aeco, the incremental barrel is losing a lot of money for a lot of people right now.
Market is saying shut it in or it will go negative.