Post by
noname99 on Jul 20, 2022 7:34am
is hedging program still in effect
For the Q2, is there a program hedged on natural gas or it's ended.
Someone have the detail of this program for gas and other product?
Comment by
commonsense9 on Jul 20, 2022 10:49am
Everybody hedges- so I'm sure they still do. But they said the aggresive hedging was over. I dont think I saw any accounting for it in the Q1 results- which would have been the first time it was not in the MDA.
Comment by
Maxmoe on Jul 20, 2022 2:42pm
Maybe it's all "hedged" at $9 for the rest of the year. Hedging questions are false flags to distract long term shareholders from spectacular cash flows. There will be an update when Q2 is released. Otherwise, you can read their website or sedar for historical data.
Comment by
noname99 on Jul 21, 2022 1:28pm
Hedging Update • Pieridae hedges production with fixed-price forward physical contracts • 60% 18-month rolling average production hedge waiver extended to end of August 2022 • Q2 activity - no additional gas positions have been added, continuing to protect 2022 JulDec condensate (C$WTI basis hedges)