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

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Bellatrix Exploration Ltd (Canada)

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Comment by Steelhead15on Nov 21, 2014 2:46pm

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Post# 23153194

RE:RE:Up almost 6% out of the blocks..............

I don't think oil will pop right away. There is something happening on what looks like 3 fronts- possibly. We small fry don't really know. What we do see is the Republicans in US in favor of XLE pipeline. For awhile CAN O&G could go up nicely while US is slower.

If I reach my breakeven I'm out. There is simply too much oil coming on stream while alt energy is growing. Could be a lagging oil price for quite awhile.

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Visionstate set to leverage success in the U.S. market