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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)
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Comment by defuncton Jun 19, 2014 2:25pm
382 Views
Post# 22676454

RE:Slowly bleeding

RE:Slowly bleeding
I understand the frustration, however, I decided to buy more today.

A few key things to note. If this deal doesn't materialize then there wil be another or increased driling. Was kinda shocked they even talked about a pending deal as that is the first I have seen that happen.

August 6th at 12:05 am the second quarter financials will be released and they will be the best ones to date. 

The Iraq situation is not going away anytime soon. Oil prices to remain high.

The weekly natgas storage report suggests that supply is not going to catch up to average levels before next winter. Nat gas prices to remain elevated.

The third quarter numbers as of right now will be even better.

Yeah the PP sucked but if it ultimately gets us over 50000 ( not buying the 48000) BOE by years end then great.

Not pumping, Just how I see it.


GLTA.


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