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- CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“ Bellatrix ” or the “ Company ”) announces a sale transaction (the “ Transaction ”) pursuant to which Return Energy Inc. (to be renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “ Purchaser ”), will acquire substantially all of the assets of Bellatrix for cash consideration of $87.4 million plus the assumption of certain liabilities at closing.
energynow.ca/2020/04/bellatrix-announces-sale-transaction-in-connection-with-its-strategic-process/Bellatrix Announces Sale Transaction in Connection with its ...
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Apr 23, 2020 · Pursuant to the Transaction, the Purchaser will acquire substantially all of the Company’s assets relating to its oil and gas business, with the exception of the Company’s working capital and certain other excluded assets.
Jun 1, 2020 · Pursuant to the Transaction, Return Energy Inc. (renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “Purchaser”), has acquired substantially all of Bellatrix’s assets relating to its oil and gas business, with the exception of the Company’s working capital and certain other excluded assets. In ...
Jun 23, 2022 · The Transaction is the result of Bellatrix's efforts to maximize additional value for the benefit of its stakeholders, following the sale transaction completed by Bellatrix in June 2020...
Jul 25, 2017 · After a series of land asset dispositions, Bellatrix now retreats to Ferrier, Willesden Green and Greater Pembina area in southwestern Alberta.
May 28, 2019 · CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“ Bellatrix ” or the “ Company ”) (TSX: BXE) announced today that, in connection with the previously announced...
May 11, 2021 · In June of 2020, Spartan Delta (OTCPK:DALXF) acquired the Bellatrix assets from its creditors for CAD$88 million in addition to assuming approximately CAD$21 million of Bellatrix liabilities.
Dec 1, 2014 · The acquisition provides significant enhanced value when considering Bellatrix forecast net capital spending on the acquired assets through 2015 of $16 million.
