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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 Steelhead15on Jun 09, 2014 12:25pm
328 Views
Post# 22642322

Buy back time

Buy back timeI think the answer is apparrent now - a NG station owned by BXE. Seems natural to need one as the size of BXE gets larger. Can't rely on others forever.

They may also need more drill money to match JV demands. I doubt this is a big lawsuit thing.

I sold out a while back to go Spring fishing so I've watched the peaks and valley. I see the 9.50 area as a bottom we can depend on. I'm going to ease back in as the SP proves itself. I won't buy hype.
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