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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 whatsthaton Jun 29, 2012 12:43pm
220 Views
Post# 20069151

RE: back from holidays

RE: back from holidays

The Maple Leaf fund is a drilling fund which particpates in some of BXE drilling.  This allows BXE to accelerate their program to the benefit of their share holders.  BXE does not pay the fund a dividend.  Get your facts straight.

Your comment on selling BXE...... it doesn't take a brain surgeon to understand that you DON'T sell a company in a middle of a down cycle.  If you are looking for companies that are up for sale in this market, you might want to check those who have announced strategic alternatives and buy them.

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