Linn Energy, LLC (LINE) Message Board
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The gas hedges used to hedge revenues associated with NGL production....what the Linn slide actually says
"(1) Includes certain outstanding natural gas puts of approximately 4,431 MMMBtu for the period August 1, 2012 through December 31, 2012,
10,570 MMMBtu
for each of the years ending December 31, 2013, December 31, 2014, and December 31, 2015,
and 10,599 MMMBtu for the year ending December 31, 2016,
used to hedge revenues associated with NGL production."
From the Linn Hedging update July 2012, Slide #4 at the bottom, note #1.-
No pricing....what about correlation issues. No answer, as usual. Same old M.O.
- 1 Reply to rrb1981
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rrb i don't understand what he is trying to exploit. You were right on your post above, it is his same old MO. Your dirty hedge call was correct as relayed to me about hugoton, with my phone call. Way to go and thank you. Sand probably didn't beleive that anyone would challenge his request to ask LINN. I still don't see his argument i have up to date info.
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Well that is july. What i gave you was today. Do you have a problem with up to the day news. or do you like the past? So again what is your argument about sand? That is only 2 elements the lower % elements of ethane and propane. AS well he said nothing in 2016!
- 1 Reply to opinionsarelike33
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Ops, as usual, SOB cannot comprehend what it says. It is like trying to explain calculus to a donkey.
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