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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: hedging

Nov 20, 2009 05:17PM

Nov 20, 2009 06:04PM
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Nov 20, 2009 06:22PM

Nov 20, 2009 06:38PM

Nov 21, 2009 08:55AM
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Nov 21, 2009 10:01AM

Good posts Sharky, Spidey, Rex & M-Dog regarding hedging. Something WRT (with respect to) hedging has been dancing around on the fringes of my thoughts for quite some time, that I just can't seem to put my finger on. It has something to do with hedging (laddering) on the way up (price of oil), but what happens on the way back down? Say we drop hedges every 6 months on the way up, we drop hedges every 6 months on the way down, what's the point? If we put in hedges at $80 now for 6 months, and 7 months from now the POO is at $45 ... then what? If we get a $90 POO should we hedge for 1 year?


Nov 21, 2009 12:56PM
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