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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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Post by canoe2000on Apr 17, 2012 1:18pm
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Post# 19803471

Time to reload

Time to reload

Looks like the short term sellers are reloading at $4.30.   The odds are that we will see a retrace due to WTI gaining confidence as the pipeline reversal will trim some of the Brend discount.  That bodes well for all Canadian oil producers.

Its all about light oil in the Cardium.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities