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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by CanadianBuckon Jun 29, 2016 2:52pm
139 Views
Post# 25009671

RE:RE:Grafton not in a blackout

RE:RE:Grafton not in a blackout

Grafton isn't a 10% owner so I don't think a SEDI report is necessary. And as long as the JV isn't doing anything he wouldn't have any information that could be material. If Grafton is the seller then I'm pretty sure management isn't to happy with him right now. Management should have insisted on a minimum hold period. It looks like the other 8,000,000 is being sold over the last few days through various brokers. The pressure on the stock continues. That may end if we can see a decent bank line redetermination and a sizable non core asset sale.
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