If the company is facing the uncertainty of survival issue, it may be good thing to hedge.
Thanks. I think PWE will utilize the hedge to some extent, hopefully to the higher end of the oil price...
How is a hedge deal made? If WTI or WCS reaches a spot price of new high, can they take of advantage of it and make a hedge deal with an accordingly high hedge price? Thanks in advance
How come the inventory actually rose this week and production is still creating new highs?