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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 mjhaymanon Oct 21, 2019 1:07pm
207 Views
Post# 30251672

Shane Abel is taking calls

Shane Abel is taking callsJust spoke to Shane, nobody has been punted they are all getting paid so call away. The CEO like I said is extremely pessimistic, Shane acknowledges that it would be better to sell the property in the new year (that's what I'm most pissed about at the moment) they are taking bids on the whole operation and The banks do not want to continue on the business. Not sure if they are allowed to put in hedges as of now as they aren't allowed to do certain things. As of now Eshelmans scenario of this going to a private company for very cheap seams most plausible as everything is so cheap at the moment. Having companies priced 30 percent higher in the new year after tax loss selling would be a HUGE help to us. We need a public company to buy us IMO or we all lose. Eshelman says that he thinks it will be sold back to the public market in a couple years at triple the price they are going to get for it now! It's just disgusting! Please avoid posting on here unless you are concerned enough to make calls if not, please do not post 
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