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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 defuncton Feb 28, 2012 9:18am
308 Views
Post# 19596526

RE: MEL

RE: MEL

$4.85 for a company that has 240 drill locations ( we have 900+), lower Ip rates by almost double.

 

The buyout  value of BXE is way north of here.

Who's left?  VRO, BXE  MQL.   The list is shrinking and BXE looks to be the best of the bunch.

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