Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2019
Bellatrix Details 2019 Spending Plans; Focus on Cardium, Spirit River
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Bellatrix Exploration Ltd. has detailed its 2019 capital budget.
Details:- 2019 Capex: $40-50 million
- 2019 Production Guidance: 34,000-36,000 BOEPD
**The capital budget incorporates forward pricing expectations of US$65/bbl WTI, $1.60/GJ AECO, a $1.34 CAD/USD exchange rate.
The 2019 drilling program will balance development of Spirit River liquids rich natural gas investment opportunities and higher liquids weighted opportunities in the Cardium play.
Well plans were not disclosed.
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