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SC Iowa | Jon.....seems to be a fair amount of disagreement about where HH pulled those hedges....
here is your comment from above:
The guy who DEVELOPED BAKKEN.. at Contential pulled his hedges at $60... was he too soon.. yes.. but the guy who is credited with going up there.. knows a thing or two about production costs.. else he wouldn't have done it.
and here is a news article referencing a company statement that by the time oil had gotten down to $78 they had "monetized" the hedges
http://news.investors.com/business/121314-730507-continental-resour...
hope he has a clear vision of the future! | |
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