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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 Jan 16, 2012 11:27am
299 Views
Post# 19407711

RE: RE: RE: RE: RE: great update

RE: RE: RE: RE: RE: great update

looks like by years end the liquids will represent 55% of production. A fifteen percent increase in production this year hopefully will translate into a $5.45 share price by years end. The gross earnings by years end will be stellar.

Now   6000  Boe Liquids (40% production) * $85  * 92 days( a quarter) = $46 920 000

Dec 2012  10300 Boe liquids (55 % production0 * $ 85 * 92 days( a quarter) = $80 546 000

Any money made from Nat gas is a bonus.  

 

Very surprised it is down today.

 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities