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Bellatrix to Drill 9 Wells, 2 Cardium Exploration Wells
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Bellatrix Exploration Ltd. announced its 2016 year end reserves, an operational update, and an update of commodity risk management contracts.
Operational Update Bellatrix launched its 2017 drilling program in January operating 2 drilling rigs, and proactively added a third rig in early February to ensure completion of the first half drilling program before the seasonal spring break up period. The Company plans to drill approximately 9 net wells including 2 high impact Cardium well locations in the first half of the year. With the conclusion of all joint venture drilling in 2016, Bellatrix retains flexibility in 2017 to balance infill development drilling and expanded core area development focused on adding production, increasing reserves, and enhancing our inventory of development…- ✓ Full news archive — U.S., Canada & international coverage
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