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Copano Energy Expands Commodity Hedging Portfolio.

Publication: PR Newswire
Publication Date: 25-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HOUSTON, Aug. 25 /PRNewswire-FirstCall/ -- Copano Energy, L.L.C. announced today that it has expanded its commodity risk management portfolio for the 2011 and 2012 calendar years by execution of the transactions summarized on the attached schedule. As a result of these transactions, Copano has acquired puts for West Texas Intermediate crude oil at strike prices reflecting current market conditions. The newly-acquired options were purchased from two investment grade counterparties for...

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