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Bobwins

09/21/05 12:59 PM

#23034 RE: kipp440 #23027

EOG has NO HEDGES. Perhaps you missed that portion of my table pounding, ground shaking, ear splitting spiel! LOL!

Zero, none, nada! Every dollar ngas goes up, EOG gets it all. You will not find another big ngas production company without some kind of hedge that will cost them millions in the next few months. Most have at least 25% of their production hedged in the $7-9 range.

Bobwins
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cl001

09/21/05 1:07 PM

#23035 RE: kipp440 #23027

Kipp, EOG doesn't hedge at all. See page 107 on the presentation.