Volunteers are needed at Blakers Park, off Preston Drove, to help lay additional hedges
around the perimeter of the popular green space.
6 percent after its third-quarter profit missed expectations due to spending on additional hedges
should be considered in light of the opportunities that may surface relative to new short-term risks or that may exist in the future.
to reach those levels must be entered into within fifteen days after close on this new Second Lien Credit Agreement.
Once the additional hedges
are in place, the full $100 million will be available.
Acquired for 2010 and 2011 Portfolio
Herschmann added, "We are happy to have entered into additional hedges
for both 2009 and 2010.
A summary of additional hedges
added since May 8, 2009, is below:
Oldham, Parallel's President, commented, "These additional hedges
bring our total oil hedges to 1,100 barrels of oil per day for 2011 and 1,000 barrels of oil per day for 2012.
with respect to oil production and natural gas production have also been entered into.
Continuing our policy of hedging a significant portion of our anticipated production, we entered into the following additional hedges
during the second quarter: 5,000 MMBTU/D for the second half of 2008 at $10.
With these additional hedges
, our weighted average crude oil hedge price including both puts and fixed forward contracts is $60.