No.
That's the short answer. I'm not sure what their costs are, but they were profitably pumping oil at much lower oil prices a year or two ago.
In terms of hedging, at current prices their hedges are actually IN the money, so there should be a positive impact on income this year from the "mark to market" of their hedge position - assuming POO stays where it is now, of course.
No.That's the short answer. I'm not sure what their costs are,...
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