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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 May 14, 2013 2:30pm
183 Views
Post# 21390754

RE: RE: OK, OK........I'm always the last to know.

RE: RE: OK, OK........I'm always the last to know.

Looks like negative rumors or news in Korea. I doubt it hurts BXE for long. Too many derisked sites to be hurt by one JV. There are more JVs or continue drilling on cash flow. This has been a log jam on price anyway.

I actually thought the JV restricted a buy out option.

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