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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 defuncton May 01, 2014 11:16am
312 Views
Post# 22512555

Looks like we will be.........

Looks like we will be.........Heading into next winter with a huge deficit. Bodes well for higher prices.
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(04/25/13)
5-Year average
(2009-2013)
Region 04/25/14 04/18/14 net change implied flow   (Bcf) % change (Bcf) % change
East 362     328     34     34       701     -48.4     828     -56.3    
West 191     178     13     13       338     -43.5     313     -39.0    
Producing 428     393     35     35       731     -41.5     824     -48.1    
   Salt 104     89     15     15       196     -46.9     169     -38.5    
   Nonsalt 324     304     20     20       535     -39.4     655     -50.5    
Total 981     899     82     82       1,771     -44.6     1,965     -50.1    

 

 

 

Summary

Working gas in storage was 981 Bcf as of Friday, April 25, 2014, according to EIA estimates. This represents a net increase of 82 Bcf from the previous week. Stocks were 790 Bcf less than last year at this time and 984 Bcf below the 5-year average of 1,965 Bcf. In the East Region, stocks were 466 Bcf below the 5-year average following net injections of 34 Bcf. Stocks in the Producing Region were 396 Bcf below the 5-year average of 824 Bcf after a net injection of 35 Bcf. Stocks in the West Region were 122 Bcf below the 5-year average after a net addition of 13 Bcf. At 981 Bcf, total working gas is below the 5-year historical range.

 

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