Energy Investing - VET buys more of Corrib and Capital - Energy Investing - InvestorVillage


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Msg  370857 of 385571  at  11/29/2021 9:37:22 AM  by

navajojoe


 In response to msg 370855 by  alertmeipp
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Re: VET buys more of Corrib and Capital

They paid a big price for this acquisition, but did hedge 70% of the production at very decent prices for 2 years, so that removes a lot of the risk. If nat gas prices stay strong from 2024 onward, it will be a cash cow for the remaining years of reserve life.


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