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)

Bullboard Posts

Comment by canoe2000on Mar 15, 2013 9:13am

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Post# 21134227

RE: Upside

NG going up means BXE is going to make much more $$$$$. You could buy a NG fund or just buy BXE. same difference. An added 30% revenue to the NG side of the house would get us another $2 per share value imo.

today:

Crude oil is solidly higher. Brent was last trading up by $0.89, or 0.81 percent, to $110.31, while WTI gained $0.62, or 0.67 percent, to $93.65.
WTI heads for weekly gain to narrow discount versus Brent
Natural gas was last trading up by $0.06, or 1.52 percent, to $3.87/mmbtu. A larger-than-expected withdrawal from storage reported on Thursday and forecast of colder weather have pushed prices to the highest level since November 2012.
Natural gas fundamentals shift dramatically in favor of bulls as storage surplus plunges, rig count hits 13-year low