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

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Bellatrix Exploration Ltd (Canada)

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Comment by gericon Jan 19, 2012 2:35pm

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Post# 19423075

RE: RE: RE: RE: RE: As Long As Market

Just to clarify, whatever one withdraws can be returned as long as it's not in the same calendar year. So as the example stated, if one contributes $5K in 2009 and 2010, makes a profit of $10K and withdraws the whole $20K at the end of 2011 (make sure the settlement date is before Dec. 31), then after Jan. 1 you could put back the $20K you withdrew, and add your contribution for 2011 and 2012 (total $10K).

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