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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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