Jan 12 (Reuters) - Bellatrix Exploration Ltd BXE.TO :
* Announces strong 2015 operational results and a focused first half 2016
capital budget
* Says first half 2016 capital budget of $46 million
* Says estimated average fourth quarter 2015 production volumes of
approximately 40,500 boe/d
* First half 2016 capital budget represents a 43% reduction in net spending
relative to estimated 2015 capital spending
* Says total corporate production volumes expected at about 39,000 boe/d (+/-
500 boe/d) through H1 2016
* Says intends to access up to $42 million of partner capital under its jv
arrangement with grafton energy co i ltd
* Says expects to fulfill all of the spending commitments under the grafton jv
in 2016
* Source text for Eikon ID:nPn2phYQH
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