Almost certain to be hedges against a well failure, don't you think?
Sensible investing if you have the wherewithal. Even at 60 per cent COS, and notwithstanding the 'fill to spill' connection to WE, SE is not guaranteed ...
And we saw the vicious market reaction to the less-than-expected resource declaration at WE.
If I could short a few against my long position I reckon I would.
OOO
SE 60cents minimum on success imo, page-374
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