Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
Current BXE Stock Info

Brent A. Eshleman, Executive Vice President and Chief Operating Officer of Bellatrix Exploration Ltd. (NYSE: BXE), presented today at EnerCom’s The Oil & Gas Conference® 20.

Bellatrix Exploration Ltd. is a Western Canadian based growth oriented oil and gas company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan.

In the second quarter of 2015, Bellatrix’s sales volumes averaged 40,426 BOEPD, an increase of 11% from the same quarter of 2014. Capital spending on exploration and development activities in the quarter is reported to be $37.5 million and includes the completion of a deep-cut gas plant.

During the company’s breakout session, management was asked the following questions:

  • Can you talk more about your type curves?
  • What is the current price strip?
  • Can you walk us through the operating environment at Spirit River?
  • Are you taking any action on debt reductions?
  • Can you talk about your debt? What kind of communication do you have with your shareholders?
  • You have $250 million U.S. notes at 8.5%. Do you have a hedging plan lined up for when that expires?
  • You drilled through the year. Do you plan to continue drilling?
  • Did you receive any capital from joint ventures?
  • What is your average production time? How would you lower drilling costs?
  • Can you talk about your hedge position?
  • What is the theoretical liquidity of Bellatrix?

Click here for the webcast.


Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.