OEL 0.00% 1.3¢ otto energy limited

Ann: Credit Facility Amendment, page-20

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  1. 1,456 Posts.
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    Dues,
    The short answer is that I don't know.
    However, I'll offer some input if that may or moay not be useful....
    Whilst I don't follow OEL closely, I thought that OEL had some hedging in place, and if this is correct, then they are likely to continue to to hedge.
    Hedging can be a facility condition, and I think hedging was put in place when the facility was announced.
    If the answer is yes, then it is most likely on a 6 months(?) rolling basis.
    MB are likely to have a fairly conservative price deck give the recent recovery in commodity prices.

 
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