I'm personally not stressed either way with the hedging ..its like for 34% of non royalty production in the short term ... costing USD$1.90bbl,,,putting Wti $77 floor on these 34% oil sales ..
What I do like to hear about is lower OPEX-CAPEX going to lead to higher FCF etc
not going happen overnight or this year prob but in time the "Montney stink " might just pass away to be replaced by YOY 10%+ dividend yield and solid FCF to build up some reserves to look to add on more local producing O&G assets..
Worse places to have capital placed at present
I'm personally not stressed either way with the hedging ..its...
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