Drillers Bid Adieu to the $90 Hedge
July 2, 2015
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4:48Now PlayingDrillers Bid Adieu to the $90 Hedge
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as posted by the channelJuly 2 -- The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy Inc., payments from the hedges accounted for a stunning 64 percent of first-quarter revenue. Now the safety net is going away. Bloomberg's Bradley Olson has more on "Bloomberg Markets."
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