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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: David Michaud who wrote (6839)	9/14/1999 12:14:00 AM
From: Craig C	Read Replies (1) \| Respond to of 24921

Third Quarter Earnings It will be worth watching if any companies (especially producers >5,000 bopd) make comments about there hedging programs going forward into the fall&winter. Companies have hedged production in the spring for summer and fall production when oil prices started to rise which may result in some real variance in reported revenues for comp's with similar production.Worth watching. Hopefully comp's will let us know how much production is not hedged for the 4th quarter and 1st quarter in 2000 which could be the real winners this winter to watch.Just a thought.