This was the key message for me, increased hedging & certainty, Before it was only 10% hedged on dec qtr. not out of the woods yet, but will make it into 2016.....
'For the six months to December, some 63% of production was currently the subject of various pricing mechanisms that provide a degree of certainty around the price that Atlas would ultimately realise on its production during this period'
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- Ann: Production Update
Ann: Production Update, page-35
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