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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) > Moving in the right direction
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Comment by righand2on Aug 16, 2016 8:40am
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Post# 25145117

RE:Moving in the right direction

RE:Moving in the right direction
deeperinit wrote: Gotta say managment made some tough decisions, and have been proactive in turning this ship around. 




Yeah, like the great decision to sell their Aeco basis hedges. They had a $1 basis, but this morning it is $2.42. So they gave away $1.42/mcf, and that is a massive blunder.
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