Commodity and Interest Rate Hedging Overview November 9, 2012 The following information is current as of November 9, 2012. Memorial Production Partners LP (MEMP) intends to provide updates to this information quarterly to the…
MEMP Hedging Overview: Q4-2012 thru 2017 MEMPs commodity risk management policy provides for hedging approximately 65-85% of estimated production from total proved reserves on a rolling three to six year period Policy reduces MEMPs…
Natural Gas Hedging through Year-End 2017 MEMPs existing natural gas hedges cover approximately 87% of targeted natural gas production volumes through YE 2012 at a weighted average floor of 4.66 Approximately 98% of MEMPs 2012 2014…
Oil Hedges Protect Cash Flow through 2017 MEMP has hedged approximately 85% of targeted crude oil production volumes through YE 2012 at a weighted average floor of 91.47 MEMPs near-term collars allow for upside participation up to a…
Additional NGL Hedges Protect Downside Hedging NGLs by product protects MEMP from fluctuations in the NGL to crude oil price relationship MEMP has hedged approximately 55% of targeted NGL production volumes through YE 2013 at a…
Natural Gas Hedges: Q4-2012 thru 2017 Natural Gas Hedge Summary Remainder Year Ending December 31, 2012 2013 2014 2015 2016 2017 Swap contracts: Volume (MMBtu/d) 22,229 41,019 44,125 39,653 36,501 32,550 Weighted-average fixed price…
Interest Rate Hedging Overview: 2012 thru 2016 MEMP has entered into the following interest rate derivative hedging transactions: 100.0 million notional amount fixed-for-floating swap for the period beginning January 17, 2012 and ending…
Loading...
