"That hedging activity is designed to provide increased certainty on pricing of the sales of approximately 80% (and must be between 70% to 90%) of the Company’s expected production from currently producing wells as they naturally decline over that period."
Kpkg,
re: "hedging current production"
You and I seem to disagree on what this means. My take is that 80% of the expected production of each of their current wells is hedged for 2 years. So that means 1000 BOE may be hedged in Jan, 900 in Feb, 820 in March, 750 in April, etc.
You seem to imply that they are hedging a constant number of barrels for 2 years. Ie if they where producing 1400 BOE, they are hedging 1120 BOE for 2 years. If that's what they told you, it seems contrary to what is written in the announcements.
- Forums
- ASX - By Stock
- AOK
- The state of AOK
The state of AOK, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AOK (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $2.833M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $60 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 19213132 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5384147 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 15241799 | 0.003 |
8 | 6084666 | 0.002 |
4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5384147 | 6 |
0.005 | 5050245 | 5 |
0.006 | 7077961 | 7 |
0.007 | 4301142 | 3 |
0.008 | 5000000 | 1 |
Last trade - 15.22pm 27/09/2024 (20 minute delay) ? |
Featured News
AOK (ASX) Chart |