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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 defuncton Apr 12, 2011 6:50am
260 Views
Post# 18417560

RE: IMF hikes oil price forecast by 20%

RE: IMF hikes oil price forecast by 20%Your enthusiasm is misplaced. We apparently learned nothing from 2008.  With these higher oil prices we are headed for another recesssion. It's amazing how history has a way of repeating itself.   Right now the higher oil prices do not help BXE as all of their oil production is hedged in the low 90's.  
Bullboard Posts
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