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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 RichyRich$on Jan 11, 2019 3:46am
127 Views
Post# 29216702

Natural Gas a Bigger Play than Oil

Natural Gas a Bigger Play than OilElectric cars will erode the demand for oil. Natural Gas is a better play now. Future forecasts of higher global demand from Asia... in particular Asia Interested in buying from Canada with LNG Canada pipelines to be built within 5 years. That will increase the AECO NG price with streamlined access to ship to Asia. The next 5 years AECO NG will uptrend along with BXE share price at all time lows. The debt due in 2020 is a small amount of the total debt. They'll extend it from the points I made in my past 2 posts and increasing market sentiment from LNG Canada. There's tons more exploration to find more deposits. The past quarter report was positive. Decreasing expenses. Improved efficiency. They increased production with buying out all of that 50/50 joint venture recently... so they are paying down the debts quarter by quarter. Share Price at an optimum low. Ask yourself... what is so different now verus December 2016 just 2 years ago when BXE was 10 X todays share price! You got yourself brainwashed with false fear!
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