Bellatrix Exploration Ltd. (TSX/NYSE: BXE)
Bellatrix Exploration Ltd is a Calgary, Alberta-based intermediate energy producer focused on exploration and development of light oil and liquids-rich natural gas in the Western Canada Sedimentary Basin. Its two core resource plays are the Spirit River and the Cardium formations in Western Canada.
Bellatrix Assets; Source: Bellatrix Exploration
In Q2 Bellatrix started phase two of its O’Chiese Nees-Ohpawganu’ck deep-cut gas plant, which was said to be able to add an incremental 30 MMcf/d ownership capacity net to Bellatrix’s 25% working interest.
Summary
- Q1-2018 Revenue: $63 million
- Q1-2018 Production: 37 MBOEPD
- Total Common Stock Outstanding: 62 million
- Enterprise Value: $490 million
- Total Debt: $412 million
- 1P Reserves: 171 MMBOE
- Operating Margin: +5.82%
Management Team
Brent A. Eshleman, PE – President, CEO
Maxwell (Max) A. Lof – Executive Vice President, CFO
Charles R. Kraus – Executive Vice President, General Counsel & Corporate Secretary
Garrett K. Ulmer – COO
Steve G. Toth – Vice President, CFA
The Oil and Gas Conference®
Bellatrix Exploration is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
