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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 Steelhead15on Apr 23, 2013 1:03pm
168 Views
Post# 21290344

RE: RE: RE: RE: RE: RE: RE: RE: jv extension

RE: RE: RE: RE: RE: RE: RE: RE: jv extension

Big volume and very little downward movement. A very good sign because this is not good news. It creates uncertainty which is usually bad. The uncertainty seems to be limited. Looks like it has affected the momentum players the most.

I'd think a fund or big investor could get word on how important this additional time is. I've had a guess that other investors or a buy out could occur because of all of the drill sites and oil-condensate.

Whatever. This company is simply too good to fall and stay down.

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