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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:12 EDTBXEBellatrix Exploration exists 2013 with record production
Bellatrix exited 2013 with a record production level of 38,000 boe/d and with approximately 2,000 boe/d behind pipe waiting to be brought on production due to infrastructure constraints. These current Infrastructure constraints are anticipated to be removed by mid-January 2014 after which time the Company's field production is expected to be at +/- 40,000 boe/d.
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September 11, 2014
08:08 EDTBXEBellatrix Exploration's September production reduced by two offline gas plants
Bellatrix Exploration has been put on notice that two third party operated gas plants in the Ferrier / Willesden Green area are going offline during the third week of September. These temporary plant outages are expected to result in an aggregate net production restriction of 30K Boe which is estimated to have an average impact on Bellatrix's net production of 1,000 Boe/d for the month of September. After giving effect to the aforementioned and continued tightness in available processing capacity, Bellatrix's daily production is anticipated to average approximately +/- 40,500 Boe/d in Q3. This would represent an 11% increase over Q2 production volumes of 36,342 Boe/d and an 85% increase over 3Q13 volumes of 21,852 Boe/d. Current daily production is estimated at +/- 42K Boe/d. The company reaffirms its unchanged exit rate guidance of approximately +/- 48K Boe/d.

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