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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 Allaboutthetimingon Feb 06, 2015 11:38am
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Post# 23403911

RE:RE:Solvency Issue

RE:RE:Solvency IssueYour comment is so retarded it blows my mind. Anyhow, the market agrees with my statement. Management has shot itself in the head with these hedges. Cash flows are all locked in now for the next year. In management's defense they had no choice. They had to just in case oil or nat gas went deeper into the rabbit hole and then they would be struggling to meet obligations. Like I said, it was a move of desperation and the market is perceiving it that way.
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Dealroom for high-potential pre-IPO opportunities