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To: bhartley who wrote (649)12/8/2000 10:59:33 PM
From: Lorne Larson  Read Replies (1) | Respond to of 11633
 
Good point. People should keep in mind that about 3/4 of MXT's existing production is collared at about $31.50-$45.00 (CDN) for 2001, and about 3/4 of the Weyburn partnership acquisition is hedged at $41.38 (CDN). This should allow MXT to be a little bit aggressive in setting their dividend for 2001. They basically know their upside and their downside.


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