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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: stan_hughes who wrote (9337)10/22/2002 12:29:49 PM
From: kingfisher  Read Replies (1) of 24939
 
Any comments on Baytex locking in a floor price on 20,000 barrels of heavy oil for 5 years?
Looks like they would have forsaken some significant revenue during the 3rd quarter of this year if the full value of this contract had been in effect.
Average differentials for the 3rd quarter were 15%.
This is a great stock to trade with its volatility and reasonable liquidity.
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