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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

Comment by RichyRich$on Mar 30, 2019 11:29pm
78 Views
Post# 29559885

RE:Stockwatch Writeup...lol they call Brent 400K man...hahah:)

RE:Stockwatch Writeup...lol they call Brent 400K man...hahah:)Kavern... notice near the end the plan is to increase barrels per day from 35,000 to 60,000! Almost double! That's what I was talking about the extra wells they have shut down temporarily, waiting for higher prices. If they double their cash flow to $150M. Would be only have the debt apx. 2:1. Should tend up to $1.60 Book Value per share then.
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