Summary Of Derivative Instruments Contracts |
Derivative contracts in place as of September 30, 2020
|
|
Production volume |
|
|
|
|
Contract period |
|
covered per month |
|
Index |
|
Contract price |
Natural gas costless collars |
|
|
|
|
|
|
April - October 2020 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.20 floor / $2.59 ceiling |
November 2020 - December 2021 |
|
50,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.90 ceiling |
November 2020 - December 2021 |
|
40,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
November 2020 |
|
26,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
December 2020 |
|
28,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
January 2021 |
|
32,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
February 2021 |
|
25,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
March 2021 |
|
30,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
April 2021 |
|
31,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
May 2021 |
|
32,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
June 2021 |
|
30,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
July 2021 |
|
31,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
August 2021 |
|
12,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
September 2021 |
|
11,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
October 2021 |
|
9,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
November 2021 |
|
8,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
December 2021 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
January 2022 |
|
25,500 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $2.85 ceiling |
November - December 2020 |
|
53,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
January 2021 |
|
72,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
February 2021 |
|
48,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
March 2021 |
|
61,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
April 2021 |
|
63,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
May 2021 |
|
69,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
June 2021 |
|
61,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
July 2021 |
|
83,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
August - September 2021 |
|
27,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
October 2021 |
|
20,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
November 2021 |
|
14,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
December 2021 |
|
4,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
January 2022 |
|
77,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.10 ceiling |
November 2020 |
|
54,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
December 2020 |
|
55,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
January 2021 |
|
64,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
February 2021 |
|
52,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
March - April 2021 |
|
62,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
May 2021 |
|
66,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
June 2021 |
|
60,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
July 2021 |
|
64,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
August 2021 |
|
24,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
September 2021 |
|
18,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
October 2021 |
|
19,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
November - December 2021 |
|
20,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
January - February 2022 |
|
50,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.30 floor / $3.00 ceiling |
|
|
Production volume |
|
|
|
|
|
|
Contract period |
|
covered per month |
|
Index |
|
Contract price |
|
Natural gas fixed price swaps |
|
|
|
|
|
|
|
|
January - December 2020 |
|
80,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.750 |
|
April - October 2020 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.405 |
|
November 2020 - March 2021 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.661 |
|
January 2021 - February 2022 |
|
50,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.729 |
|
January 2021 - December 2021 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.765 |
|
November 2020 |
|
26,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
December 2020 |
|
28,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
January 2021 |
|
32,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
February 2021 |
|
25,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
March 2021 |
|
30,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
April 2021 |
|
31,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
May 2021 |
|
32,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
June 2021 |
|
30,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
July 2021 |
|
31,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
August 2021 |
|
12,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
September 2021 |
|
11,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
October 2021 |
|
9,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
November 2021 |
|
8,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
December 2021 |
|
10,000 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
January 2022 |
|
25,500 Mmbtu |
|
NYMEX Henry Hub |
|
$ |
2.582 |
|
Oil costless collars |
|
|
|
|
|
|
|
|
January - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$55.00 floor / $62.00 ceiling |
|
August - October 2020 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
November - December 2020 |
|
500 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
January 2021 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
February 2021 |
|
1,500 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
March - July 2021 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
January 2022 |
|
2,500 Bbls |
|
NYMEX WTI |
|
$36.00 floor / $43.60 ceiling |
|
August - October 2020 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $44.50 ceiling |
|
November - December 2020 |
|
500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $44.50 ceiling |
|
January - July 2021 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $44.50 ceiling |
|
August - September 2021 |
|
500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $44.50 ceiling |
|
January 2022 |
|
3,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $44.50 ceiling |
|
August 2020 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
September - November 2020 |
|
500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
December 2020 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
January 2021 |
|
2,500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
February 2021 |
|
1,500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
March - April 2021 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
May 2021 |
|
2,500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
June - July 2021 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
August 2021 |
|
500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
January 2022 |
|
2,500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
February 2022 |
|
5,000 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $45.00 ceiling |
|
Oil fixed price swaps |
|
|
|
|
|
|
|
|
January - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$ |
55.28 |
|
January - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$ |
58.65 |
|
January - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$ |
60.00 |
|
January - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$ |
58.05 |
|
July - December 2020 |
|
2,000 Bbls |
|
NYMEX WTI |
|
$ |
58.10 |
|
January - December 2021 |
|
8,000 Bbls |
|
NYMEX WTI |
|
$ |
37.00 |
|
Subsequent to September 30, 2020, the Company entered into new derivative contracts as summarized in the table below:
|
|
Production volume |
|
|
|
|
|
|
Contract period |
|
covered per month |
|
Index |
|
Contract price |
|
Natural gas costless collars |
|
|
|
|
|
|
|
|
August 2021 - July 2022 |
|
100,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.50 floor / $3.17 ceiling |
|
February - June 2022 |
|
100,000 Mmbtu |
|
NYMEX Henry Hub |
|
$2.50 floor / $3.15 ceiling |
|
Oil costless collars |
|
|
|
|
|
|
|
|
August 2021 - July 2022 |
|
1,500 Bbls |
|
NYMEX WTI |
|
$37.00 floor / $47.10 ceiling |
|
Oil fixed price swaps |
|
|
|
|
|
|
|
|
February - June 2022 |
|
4,000 Bbls |
|
NYMEX WTI |
|
$ |
39.51 |
|
July - December 2022 |
|
1,500 Bbls |
|
NYMEX WTI |
|
$ |
39.51 |
|
March - December 2022 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$ |
43.78 |
|
March - December 2022 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$ |
43.50 |
|
March - December 2022 |
|
1,000 Bbls |
|
NYMEX WTI |
|
$ |
43.05 |
|
|