Chief Financial Officer John Rainey: Sixty dollars is an attractive price. It's just that you really can't place a hedge outside of this period for $60, seventy dollars is an attractive price too, but we want to be fairly prudent with how we spend our money on hedging. ... We really want to see the market settle a little bit.

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Sixty dollars is an attractive price. It's just that you really can't place a hedge outside of this period for $60, seventy dollars is an attractive price too, but we want to be fairly prudent with how we spend our money on hedging. ... We really want to see the market settle a little bit.

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Source:: Reuters 9 years ago

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