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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

Post by Marlbankon Jun 04, 2013 2:05pm
273 Views
Post# 21482210

Back in black

Back in black

Bought some ahead of the failed JV and averaged down at $4.80. Not much more than 3X 2013 CF at that price, JV or not. Those Falher well liquids production numbers look too promising to ignore, let alone the Cardium inventory.

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