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) > These are the plays you want to be holding

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Comment by dinkdestroyeron Oct 11, 2016 2:13pm

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Post# 25331611

RE:RE:RE:These are the plays you want to be holding

This years hedged haven't hurt them much since we have just recently surpassed the level they put them on. Next year, the level is higher and they still have a lot of market exposure which is good. They have some good upside on basis which can contrinute greatly from here on out. Canadian storage is quite flush, but one depleted, it won't be so easy as in the past to rebuild it and that bodes well for the future.

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