I know the co. is keeping a watching brief on possibly putting some hedges in place, now they have spent US$31m on recent acreage. I think 200k bbls hedged at say 17.5k / month and $65+ would be a definite boost. The ramp up in production due over the next few months would ensure good exposure to possible further increases in POO.
I know the co. is keeping a watching brief on possibly putting...
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