Can anyone help me understand CE1's hedging. I am very confused as to how much of their production is currently hedged at the moment. I understand that they had hedged 50% of their production as required by their debt facility, but because of the capital raise, they are no longer obligated to hedge 50% of their production. However, according to their recent quarterly, they still have some risk mitigation contracts (note figure) for April 2022 to December 2022.
I am very confused by this table. Is it saying that CE1 will sell 1066 bbl WTI at $88.97/bbl and 1082 bbl WCS at WCS/WTI differential $17.81/bbl and 1932 Gj AECO at $2.99/Gj of its 4300 BOE/d production every single day until December?
- Forums
- ASX - By Stock
- Ann: March 2022 Quarterly Activities and Cash Flow
Can anyone help me understand CE1's hedging. I am very confused...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CE1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.571M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CE1 (ASX) Chart |
Day chart unavailable