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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 defuncton Apr 25, 2013 11:28am
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Post# 21300297

RE: RE: Dundee...Target $11.25....volume

RE: RE: Dundee...Target $11.25....volume

Pretty exciting that Nat Gas is still over $4.00. The payout time per well for Notikewan was 6 months at $2  nat gasand $90 dollar oil prices. The first quarter numbers are going to be good but the second quarter numbers will be even better even if the Nat gas starts to trend down. Future looks bright indeed. As much as this long winter was a PITA for my golf game it has brought a renewed optimism for BXE. Still hoping for Buyout.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities