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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) > pigs at the trough . . .
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Comment by oakesyon Jun 25, 2018 12:18pm
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Post# 28224419

RE:RE:pigs at the trough . . .

RE:RE:pigs at the trough . . . This is pathetic .They have asked for a mixed shelf of up to $500 million and given their past history of dilution that is precisley is the future plan rather than grow the the company through the drill bit . Diluting shareholder equity to pay off long term debt is a sign of bad management with no vision.
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