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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) > NG prices should easily exceed USD 4.00
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Comment by dinkdestroyeron Dec 08, 2016 10:31am
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Post# 25571148

RE:RE:RE:RE:NG prices should easily exceed USD 4.00

RE:RE:RE:RE:NG prices should easily exceed USD 4.00What we have now is cold weather which should lead to withdrawals way above those same period last year but the price has also gone up a lot in advance of any material lowering in storage levels. We're making some progress here but I think we need to get more into the withdrawal season for confidence to build in Natural Gas longer term fundamentals....that will draw more interest from investors. Today's EIA is going to be quite modest, but going forward, that when you will see the real test of supply/demand balance and what I think will be a real turning point for BXE.
Going to take some weeks, not days.
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