Hess (NYSE:HES) last week paid ~$325M to remove hedges of $100/bbl for WTI crude and $105/bbl for Brent crude "in light of recent high volatility and liquidity risk in the oil markets," CEO John Hess ...
Q: Any suggestions on how to economically remove 140 plus feet of ratty old hedge? I’ve cut it to the ground a couple of times, but it keeps coming back thicker. I’m hesitant to use brush killer ...
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