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 Dec 04, 2014 5:58pm

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Post# 23197163

RE:RE:Agent- Orange..here we go gain..new filing Dec 3

Yankersss, another good question. Add to this what Jollynik wrote: Orange must have known about the upcoming drop in the price of oil.

So- What is their game plan? So far they have lost money, unless they hedged. BXE is certainly a great bargain at this SP. What does Orange do? We see what BXE is doing. What do the other big shale producers do? What do the mid-sized producers do? And on and on.

I don't know. Maybe this will be easier to appreciate watching than understand ahead of time.

BXE is buying and selling things at a good time. Management is looking great again. In fact, the PP at 9.50 is looking very smart now. I was wrong about mgt.

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