Hedging 2018-11-15T13:12:19+00:00

HEDGING

Commodity price hedges are used to support longer-term growth by continually layering in hedges to protect pricing on 50% of current production for the next 12 months and 25% for 13 to 24 months forward. Anticipated production growth is not hedged. Note that approximately 80% of Storm’s liquids production is priced in reference to WTI. The current hedge position is summarized below and protects approximately 58% of forecast production for the fourth quarter of 2018 and 42% for 2019.

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