BPT beach energy limited

what does the $50 barrell hedging mean, page-5

  1. 20,826 Posts.
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    Hi all -
    I asked about hedging over a year ago. Beach is strategy is to hedge enough oil at enough of a margin to allow the company to cover it's corporate / operating. Expenses if oil was to collapse over the short term. This is why they have downside protection at that level on that percentage of prod
 
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