Deadline28 Apr 2018 12:29
Clearly stated on the 20% bid that the deadline is the end of April. Cannot see it is in the companies interest to put out any information until that deadline expires. The oil price is now ell above the hedging price but in the grand scheme of things the amount hedged is not huge. Hopefully they will see fit to hedge again at a higher price but if you were a gambler not hedge for the time being. Personally a bit of hedging brings about stability so I am relaxed about it.
I remain convinced the North Sea still has a long way to run and although the majors have moved on there are plenty of tasty morsels for us lesser beings....All I need now is news that the techies have fixed the Totally Shambolic Bank which has ruined my week and still won't work after 8 days.. GL all