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Re: bullrider2 post# 149

Sunday, 12/28/2014 3:13:04 PM

Sunday, December 28, 2014 3:13:04 PM

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It all depends on what you think the price of oil (&gas) is going to do.

I was lucky to get out in time the last time I had some of this.

It's starting to look real attractively cheap now, isn't it? But like you, I just don't know. I think they said they had 40,000 boe hedged at $84 which would get them through 1 qtr, but if oil stays 60 or below for a prolonged period...
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