I was at that presentation when Victor Ruddeno mentioned the breakeven number & I recall it being 700bopd not 400 but I could be wrong. We are probably getting close to 700 now anyway
I would be interested to know what price we got for our Nth Stock hedge Program. To hedge around $100 sounds pretty attractive to me considering oil was in the 80's not to long ago & also plenty of profit with a 100 hedge when we need $70bbl for make Nth stock profitable.
SSN Price at posting:
2.5¢ Sentiment: LT Buy Disclosure: Held
