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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 ValueCan1on Oct 17, 2019 9:45pm
127 Views
Post# 30242469

Valuation reference point for Bellatrix reserves

Valuation reference point for Bellatrix reservesPainted Pony just announced Montney land sale for $45 million. No production, just reserves. This will go into the evaluation of any bid for Bellatrix. This could get interesting if AECO prices and the strip continue heading higher in November. Obviously someone has some interest in Canadian natural gas properties.
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