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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) > Natural Gas Supply/Demand balance
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Post by dinkdestroyeron Oct 13, 2016 1:12pm
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Post# 25340014

Natural Gas Supply/Demand balance

Natural Gas Supply/Demand balanceAs of today's report(NG storage as of last Friday), Gas storage has pulled to 56bcf surplus to last year's level. This is remarkable given the huge figure that existed at the end of withdrawal season earlier this year. That is the reason gas is skyrocketting today, I am dumbfounded what a laggard BXE has been in the face of such improvement of the fundamentals.
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