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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
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

Bellatrix Exploration Ltd (Canada)
Bullboard Posts
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Comment by defuncton Apr 23, 2014 1:12pm
521 Views
Post# 22482075

RE:RE:Movement this a.m.

RE:RE:Movement this a.m.Looks like some people have done the math
2014 forecast
$92.50 Light oil       first quarter   $100+     second quarter to date $102.34 average
$3.78  nat gas        First quarter  $4+         second quarter to date  $ 4.54

Plus the first quarter numbers have probably been leaked to a few of their freinds.
Even with the hedges in place the numbers should be very good.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities