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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
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

Bellatrix Exploration Ltd (Canada)
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Comment by spammeon Apr 06, 2011 4:13pm
383 Views
Post# 18395423

RE: RE: National Bank....

RE: RE: National Bank....
I like this companies prospects because of current energy prices and production ramp up. 
But how do they have a strong balance sheet with almost $100million in debt?
Usually strong balance sheet means that they have lots of cash. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities