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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 yahearmeon May 09, 2012 12:02pm
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Post# 19889974

U.S. NG demand to outstrip supply in 2012

U.S. NG demand to outstrip supply in 2012

New report

The U.S. Energy Information Administration (EIA) estimated that U.S. marketed natural gas production
will average 69.1 bcf/d in 2012, a YoY increase of 2.9 bcf/d, but a 0.1 bcf/d decrease from its previous
estimate. The EIA said declining production growth in dry gas areas such as the Haynesville Shale was
the driver behind the downward revision. The EIA raised its U.S. natural gas demand estimate to 70.2
bcf/d, a YoY increase of 3.4 bcf/d, and 0.6 bcf/d higher than its previous estimate of 69.6 bcf/d.
 
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