Post by
monstapeake on Sep 15, 2019 10:00am
sum'thin' goin happen
now that Saudi Arabia is in flames. Forced cutbacks in production should pump oil price and hopefully it gets reflected in the trading for egl. good luck bros, mpke
Comment by
Nico87ca on Sep 16, 2019 10:25am
I'm fairly sure they sold their production at a fix rate.. In theory it shouldn't change EGL's income.. The only thing that could make the price go up would be wild speculations.. Fingers crossed!
Comment by
downtozero on Sep 16, 2019 5:54pm
6 Months hedging is finished this month. Time to hedge at a new higher price. "Hedged a combined 675 barrels of oil per day at an average WTI price of US 59 62 per barrel for the period of April through September 2019 period"
Comment by
TXBJedd on Sep 17, 2019 2:08pm
They have hedges thru December 2019 on 200 bopd at $60.03.