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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

Post by greener12345on Sep 23, 2012 9:57am
282 Views
Post# 20403683

from a top subscription service

from a top subscription serviceSeptember 20, 2012 Question: I would like your opinion and outlook for Bellatrix Explorations (BXE). Thank you.Answer:We like Bellatrix. Note that it just got listed on the NYSE and will trade there on Monday.It is well managed, and not too expensive based on cash flow. The second quarter was solid, with good production, low operating costs and good cash flow.We have met and like the management team. A good name for a recovery in the sector.
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