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 28, 2014 2:44pm

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Post# 23175017

RE:RE:RE:Revenue loss with oil markdown to 65 ; need help with number

Many plays are heavy with NG. I imagine those drillings might increase to maintain income streams. The US N. East area has an awful lot of NG that is sitting. Then add in increasing improvement in horizontal drilling. We are actually lucky to have so much NG and O. the economy will be better off for it. I do wonder what governements will do for lost tax income.

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