Energy Environmental Blog

Ultra Petroleum Gas Hedges

Written by Vorys | Feb 4, 2009 7:41:23 PM

From an Ultra Petroleum press release:  "Ultra Petroleum Corp. today announces additional 2009 and 2010 natural gas hedges. The total net volume hedged for 2009 currently is 93.0 Bcf at an average realized price of $5.81 per Mcf, and in 2010 the total net volume hedged currently is 6.8 Bcf at an average realized price of $5.50 per Mcf."