Post by
Energyinvest231 on Jun 20, 2023 10:13am
solid land and hedged out 4 years
Suprised share price isnt atleast sitting around 3.00 right now. their acquisition was good , they have a debt draw down plan, and are protected by being hedged out for the next 4 years. that obviously may look like a bad decisiion if oil is 120/bbl in a year, but the set rate makes for alot less risk on the cashflow/debt side of things.