RE: Positive RNS today13 May 2021 21:20
setting of the hedge is a few minutes job. just like buying/selling shares. open an account and deal. OGA approval should be pity quick too. its more of a formality rather than seeking permissions. admin provisions may be relating to hedging etc, such as who decides and manages the funds/disbursements. these are very basic and routine requirements and can be sorted in minutes ,literally. OGA will confirm royalties etc as per licence.
Think of another way. You got the mortgage and the solicitor has the funds to complete subject to title. Its a walk in the park.