Not exactly hedging, but found this re-fixed price contracts
Santos News
"Santos is a much more resilient company today than we were in 2015-2016 when we last faced very challenging oil price and market conditions," Gallagher said in the emailed comments.
He said it was partly protected against weaker oil prices as 35 per cent of its sales are on fixed price contracts and it had slashed its cashflow break-even price to $US29 a barrel.
Ann: Santos reports record annual free cash flow of $1.1 billion, page-116
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