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BRIEF-Bellatrix Exploration provides operational update and 2013 outlook

Oct 1 (Reuters) - Bellatrix Exploration Ltd :

* Provides operational update and preliminary 2013 guidance

* Says field production at the end of September averaged approximately 18,500

boe/d

* Production volumes for Q3 will be below expectation averaging between 15,500

boe/d and 16,000 boe/d

* Says production volumes for Q3 will be below expectation averaging between

15,500 boe/d and 16,000 boe/d

* Says continues to expect it will meet its previously announced 2012 calendar

year guidance

* Notikewin gas wells in third quarter and expects to drill 6 gross (4.85 net)

wells in the fourth quarter.

* Says proposing a 2013 capital expenditure program of $180 million

* Sees 2013 average daily production of approximately 20,000 boe/d to 21,000

boe/d

* Says exit rate of approximately 21,500 boe/d to 22,500 boe/d for 2013

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