Bellatrix Exploration on Track to Maintain 100% Year-over-Year Growth
Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. The majority of operations are focused on the Cardium tight oil play in Alberta – an area that has boosted production rates tenfold since 2008. Horizontal drilling and hydraulic fracturing has revitalized the region and current estimates place recoverable reserves of the Cardium at