GREY:BXEFF - Post by User
Post by
uwinsomeon Apr 22, 2014 1:31pm
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Post# 22477382
April Presentation
April PresentationBXE is projecting more than doubling production yoy, reducing expenses by 59%, more than doubling revenue this year, increasing cash flow per share by 2/3s, has almost doubled reserves, dramatacally increased their light oil/liquids ratio, posted conservative estimates for oil and NG prices...
...and this is not even mentioning that there is a very likely a new JV being discussed. And, the increasing chance of a takeout - BXE is now a very desirable mid tier producer.