By Lucas Iberico Lozada NEW YORK (Reuters) - Oil's slide to the lowest price in more than five years is carving a divide between U.S. shale drillers who heavily hedged future production and those who didn't. While financial hedges are commonly required by many oilfield lenders, the industry's mid-sized U.S.-focused shale field producers pursued varied strategies when it came to protecting future revenues, according to a Reuters review of filings and interviews with bankers and experts. Those decisions are now coming back to haunt some drillers. ...
Read More http://ift.tt/1yYvkRR
No comments:
Post a Comment