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)

Bullboard Posts

Comment by Steelhead15on Oct 09, 2014 2:00am

239 Views

Post# 23013275

RE:RE:Some Perspective

Tommy, you could be right. We could also see BXE go down another 50%. I don't think either will happpen now because this is being driven to a braking point at about $80 oil.

At that point the horizontal wells in the US don't pay off well enough to maintain the massive supply we have now. At that point mideast countries will suffer huge social unrest as government income runs short of paying for civil needs.

Bullboard Posts

Barrick Gold employees detained in Mali amid ongoing dispute