Bellatrix Exploration Ltd. provide the following an update on Q3 drilling results and Q3 production.

Third quarter 2012 sales volumes averaged 15,503 boe/d (weighted 34% to oil, condensate and NGLs and 66% to natural gas). Production for the month of October, based on field estimates, was 18,300 boe/d (weighted 34% to oil, condensate and NGLs and 66% to natural gas). Field production estimates for the end of October are 19,000 boe/d carrying the same weighting as the month's average.

The average sales volumes for Q3 2012 were negatively affected by protracted spring breakup conditions, scheduled plant turnarounds, a series of intense localized storms resulting in an unusually high number of occurrences of unscheduled downtime and prolonged wet conditions delaying the third quarter drilling, completion and tie-in program.

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