There have been quite a few dissapointments recently to counter the oil price rises and hedging reduction.
I am sure we all expected better reserves replacement than evidenced in the QR, we certainly were led to expect much better by the company's (grossly premature) statements during the first few months of the year.
Entropylord
Discl: Reduced position for an upcoming bill.
basically unhedged and ready.., page-7
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