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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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Comment by canoe2000on Mar 18, 2013 9:15am
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Post# 21144573

RE: RE: The NG price jump good for BXE

RE: RE: The NG price jump good for BXE

todays report:

Natural gas was last trading up by $0.08, or 1.94 percent, to $3.95/mmbtu—the highest level since October 2011. The latest weather forecasts show the potential for much-colder-than-normal temperatures across the East Coast and Midwest over the next two weeks.

"We see increased upside risk to our price forecasts of $3.75 per million Btu for the second and third quarters of 2013 and $4.25 per million Btu for 2014," Goldman Sachs said.
U.S. natural gas rises to 17-month high amid cold weather demand

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