Bellatrix Exploration Ltd. Reports Unaudited Production Results for the First Quarter Ended March 31, 2019; Provides Production Guidance for the Year 2019
Bellatrix Exploration Ltd. reported unaudited production results for the first quarter ended March 31, 2019. For the quarter, total oil equivalent of 36,991 boe/d (71% natural gas weighted) against 36,740 boe/d a year ago. Crude oil, condensate and NGLs was 10,678 bbl/d against 9,477 bbl/d a year ago. Natural gas were 157,878 mcf/d against 163,579 mcf/d a year ago.
For the year 2019, the company expects average daily production in the range of 34,000 boe/d to 36,000 boe/d.