Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

v3.19.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives Not Designated as Hedging Instruments [Table Text Block] The following is a table reflects the put and call prices of those contracts:
 
Date entered into
 
Barrels per day
 
 
Put price
 
 
Call price
 
 
 
 
 
 
 
 
 
 
 
03/12/19
 
 
1,500
 
 
$
50.00
 
 
$
66.00
 
03/13/19
 
 
500
 
 
 
50.00
 
 
 
67.40
 
03/20/19
 
 
500
 
 
 
50.00
 
 
 
67.90
 
03/20/19
 
 
1,000
 
 
 
50.00
 
 
 
68.71