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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 greenhawkon Sep 17, 2014 8:57pm
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Post# 22946374

RE:RE:Scotia

RE:RE:Scotia
 Phase 1 of BXE’s Alder Flats plant is on schedule and ~3% under budget. The company has 
guided a July 2015 start-up date, but believes it may be able to bring the plant on a few 
weeks ahead of schedule. The plant has been licensed for 125 mmcf/d, and BXE will test 
operations between 110 and 130 mmcf/d to find the optimal throughput volume. Phase 2 is 
targeted for March 2016 and the company expects it to increase throughput in the system to
up to 275 mmcf/d of raw gas.

Hmmm not bad for a management team that receives so much flack. As a holder of CUS I can tell you that under budget and ahead of schedule is pretty good news in AB.
Bullboard Posts
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