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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 Steelhead15on Sep 30, 2014 10:46pm
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Post# 22985323

RE:RE:Your Gonna See a halt Soon enough........

RE:RE:Your Gonna See a halt Soon enough........I see a buyout coming. I don't see $11-$12. It was worth that before.

I've been involved with activist investors before and it wasn't very good for small shareholders. As Sherbrooke wrote, they could care less about the average Joe.

BXE is like a dying horse in the desert. Vultures are circling. There are no friends in this type of deal. No one cares about our former or current views.

You can't blame any company for salivating to pick up BXE cheap. That's simply how life is. No one will pay more than they have to. Getting mad is OK, but it won't change how vulnerable BXE is now. After today's fall on great news, I look for an offer most of us won't like.
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