From dicko...

From dicko yesterday.

QUOTE
http://www.lincenergy.com/data/asxpdf/ASX-LNC-403.pdf

Page 20

The table below sets forth the Group’s outstanding commodity swaps as of 31 December 2011.
Oil (NYMEX WTI)
Swaps: Barrels
per day
Weighted Average
Hedged Price per Bbl
(USD)
Financial year 2012 1,354 86.20
Financial year 2013 1,169 86.49
Financial year 2014 895 86.96
Financial year 2015 728 87.28
Financial year 2016 654 87.55

Here is a break down of hedged barrels of oil. As can be seen, there is a sliding amount that is hedged around $86-$87 per barrel.

As long as their production targets can be met, then the proportion of hedged oil becomes the minority of their production. Though with WTI at current prices, the effect is basically neutral.
ENDQUOTE