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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 Naamkaton May 12, 2010 1:03am
577 Views
Post# 17088130

RE: RE: WTF?

RE: RE: WTF?Alkhor:

Anyone else get the feeling this is being walked down in order to justify a lower buy-out bid?

Perhaps its a simple as the share price got ahead of itself in the Cardium mania when the company is, and will be for quite some time, a highly gas levered producer entering a period of very low gas prices.  

Regards,
Naamkat 

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