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Oil price slump sorts the hedged from the unhedged
2014-12-13 21:49:00| Oil & Gas - Topix.net
Oil's slide to the lowest price in more than five years is carving a divide between U.S. shale drillers who heavily hedged future production and those who didn't. While financial hedges are commonly required by many oilfield lenders, the industry's mid-sized U.S.-focused shale field producers pursued varied strategies when it came to protecting future revenues, according to a Reuters review of filings and interviews with bankers and experts.
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Category:Energy and Environment