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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 defuncton May 08, 2013 10:56am
220 Views
Post# 21351966

RE: BXE Presentation May 8, 2013

RE: BXE Presentation May 8, 2013

Excellent news all around for sure. One  thing that I am having a hard time getting my head around is that with all the focus on the cardium drilling. I would have thought that the oil to gas ratio would have narrowed more than  this by now. I would love to see a 50-50 split at some point. I also believe Natgas will start heading back down to the low 3's for the rest of the summer. The second quarter numbers should be even more stellar than this.  

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