Re: Playing the risks when hedging.

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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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Longfellow

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Re: Playing the risks when hedging.

in response to

Playing the risks when hedging.

MarlboroDog

posted on Nov 22, 2009 06:29PM

I would hedge 1/2 of current production at $80 and sell the rest at market, betting that price will never go below $40 in the next period.

For US readers, Happy Thanksgiving! Canadians, stay warm.

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