MD Hedging Program Notice
The Maryland Public Service Commission has initiated proceedings to review the hedging policies of state gas and electric utilities for the 2009-2010 winter heating season. A copy of the notice can be found here.
Ultra Petroleum Gas Hedges
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."
