Previous hurricanes have damaged infustructure that has taken 6 months to get back up to 100% capacity. I have not seen an official policy from the partners but does anybody know as part of the financing package if they were obliged to hedge some oil production?? Partially locking in a small proportion now makes an immense difference to the bottom line cash flow particularly if oil eases. They have an opportunity to lock in a small % at far greater than Feasability or Financing study schedules envisaged and ensure lower start up risks.
Would you hedge 10% of your first years production to guarantee finance and cashflow stability for all partners?
HDR
hardman resources limited
