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littlejohn

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littlejohn

Re: None

Thursday, 08/05/2021 12:06:30 AM

Thursday, August 05, 2021 12:06:30 AM

Post# of 184
LPI has about 20% of production in

3rd quarter that may earn

higher prices over hedge prices

if oil price stays strong...


http://www.laredopetro.com/media/383087/second-quarter-2021-earnings-presentation.pdf


Avoiding a hedge position that

gets burned much worse in a

price spike is paramount now in

a Tight oil inventory environment...


https://oilprice.com/Energy/Energy-General/DUC-Well-Inventory-Plunges-As-Drillers-Frack-More-Than-They-Drill.html


2021 flipped opposite of 2020...


so we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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