re: production hedged They have hedged approx 20% of production at $55.00 per barrell. Think the sell off has been overdone. Should stabalize at these levels. Spoke to company this afternoon - all systems are go and production ramp up is proceeding as planned. Will be up over 20,000 per day early next week if not sooner. They were pumping 15,000 per day as of yesterday.
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