Hedging 2019-09-11T11:51:52+00:00

HEDGING

Commodity price hedges are used to support longer-term growth with the objective being to protect pricing on 50% of current sales in any single market for the next 12 months and 25% for 13 to 24 months forward.  Future production growth is not hedged.  Approximately 80% of Storm’s liquids production (condensate and butane) is priced in reference to WTI.  The current hedge position protects approximately 40% of forecast production for the remainder of 2019.

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