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sweet crude

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sweet crude

Re: None

Friday, 05/15/2015 7:54:09 AM

Friday, May 15, 2015 7:54:09 AM

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oil hedging collar $55 - $70

the floor is in!

10. Subsequent Events

On May 13, 2015 the company entered into a costless collar hedging agreement with Citibank for 200 barrels of oil per day that runs for a term of six months from June 1, 2015 to December 31, 2015, with a floor of $55 per barrel and a ceiling of $70 per barrel.

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