"Hedging- during the quarter the Company implemented a limited and conservative hedging program designed to insulate upcoming flush production volumes from the Bruins Well from the current volatile pricing environment. Natural gas volumes totalling approximately 60,000 MMBTU per month have been sold at a price of US$4.25/MMBTU from March through October 2025. Additionally, oil volumes amounting to about 7,800 barrels per month have been sold at an average price of US$62.73 per barrel from April through September 2025".
Couldn't Fkn read about it; deadset.
Once again another drilling campaign "completed ahead of schedule in just 30 days"; now they are 1/3 of the way to paying out a STIP already this year in a low oil environment where they've hedged near the yearly low. Don't forget the last STIP was 25% odd of our annual profit..
BRK Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
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