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Bellatrix Exploration Ltd (Canada) BXEFF

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

Post by oppy69on Mar 07, 2017 11:57am
242 Views
Post# 25944211

good hedging

good hedgingseems like they have locked in some pretty good fixed prices for NG:

 Product Financial Contract period Volume Average price (1,2) Natural gas Fixed price swap Jan. 1, 2017, to Dec. 31, 2017 101.4 MMcf/d $3.36/mcf Natural gas Fixed price swap Jan. 1, 2018, to Dec. 31, 2018 65.6 MMcf/d $3.08/mcf Propane Swap Feb. 1, 2017, to Dec. 31, 2017 1,500 bbl/d 50.7% of WTI Propane Swap Jan. 1, 2018, to Dec. 31, 2018 1,000 bbl/d 47.0% of WTI
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