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re: Oilfield rumors
Posted on 4/10/15 at 3:28 pm to sneakytiger
Posted on 4/10/15 at 3:28 pm to sneakytiger
SOB, some bank or firm is getting raked over the coals. I have never heard of hedging contracts that long.
Posted on 4/10/15 at 3:33 pm to GREENHEAD22
Probably some dumbass Asian utility on the hook for a 20 year LNG deal indexed to Henry Hub
Posted on 4/11/15 at 4:33 am to GREENHEAD22
quote:
OB, some bank or firm is getting raked over the coals. I have never heard of hedging contracts that long.
you must not have looked much, Linn Energy hedges out all production they acquire for 5 years (allegedly).... most of the upstream MLPs have very long hedges in place
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