Jul. 1 at 4:21 PM
$WTI Oil has now fallen into the collar for both our 2000 bbl/day derivatives. Next up is the
$64.53 swap. At least our unrealized gains on hedges continues to grow as Q3 starts...
NOTE 18 — SUBSEQUENT EVENTS (UNAUDITED)
In January 2026, the Company entered into oil costless collar hedges for 2026 including:
• 2,000 Bbls/d for March 2026 to December 2026, with a floor price of
$55.35 per Bbl and a ceiling price of
$68.60 per Bbl and
• 2,000 Bbls/d for March 2026 to December 2026, with a floor price of
$57.00 per Bbl and a ceiling price of
$70.20 per Bbl.
In February 2026, the Company entered into an oil swap for 2,000 Bbls/d for April 2026 to December 2026 at
$64.53
per Bbl.