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    XTO ups 2010 hedges

    XTO Energy Inc. has updated its price hedges for future sales of production in 2010. 

    "We have now hedged approximately 55% of our projected 2010 production and remain confident of a stronger natural gas environment," stated Bob R. Simpson, chairman and founder.

    The company's current outstanding 2010 commodity swap transactions are:

    Natural gas - 1,250,000 Mcf at $7.49 NYMEX
    Oil - 70,000 bbls at $95.70 NYMEX
    Total Natural Gas Equivalent 1,670,000 $9.62 Mcfe price

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