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 AncasterMikeon Jan 13, 2015 3:14pm

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Post# 23314917

RE:Thinking of buying small amt of BXE

It is well run. They have had a great drilling record, with almost no dry wells in years. They were growing organically through 2011-2013, but have signed onto many joint arrangements and have taken more debt to tap into their 25y reserves faster.

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