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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 zeus55on Nov 26, 2013 9:53pm
393 Views
Post# 21944564

Much-touted JVs

Much-touted JVsAnd you get morons like Firechicken and the loudmouth yahearme crowing about the JVs.
But I have not seen either one of them dare to mention how sweet those deals are for the JV partners. They get all of their money back, while still collecting a high guaranteed return on their investment, and then get to keep their portion of the production. They risk nothing, yet take away some of the assets that BXE shareholders paid for?
Yes, BXE gets to develop some of their properties quicker, but I have to wonder if it really is that great of a deal for BXE shareholders.
And yes, the moron twins will slam anything that is not a cheerleading post.
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