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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 canoe2000on Apr 13, 2012 1:22pm
286 Views
Post# 19791426

RE: CIBC full revi

RE: CIBC full revi

Poubelle;  I am of the opinion that the ONLY reason the Duvernay was drilled was to prove the NG and sell the property to the Chinese.

IMO, that is why the CEO went to China BEFORE the well was drilled.

I think an understanding for a sale is in the works already.

Then the cash raised would be used to accelerate drilling for oil.

As for the stock price, it will go up when the weak hands have sold out, not before.

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