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Wednesday, May 12, 2010
CLRs Hedge Positions
Last time I checked, the price of oil was in free fall from $82 range to $75.
CLR should do just fine. Look at slide 25 of their Credit Suisse Bakken Day
presentation
dated May 10, 2010.
CLR's hedge positions:
Apr 2010 - Dec 2010: weighted averages -- $76.00 - $93.43
Jan 2011 - Dec 2010: weighted averages -- $78.70 -- $92.19
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