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Aug 20, 2017 · That is a big change in attitude from when the banks could not reduce the credit line fast enough. So management was selling properties and interests in assets to raise cash to decrease the...
Apr 23, 2020 · Calgary-based Bellatrix Exploration Ltd. says it has struck a deal to exit Companies’ Creditors Arrangement Act court protection after six months through a sale of its assets to Return Energy...
Jul 22, 2016 · Fortunately, Bellatrix seems to have a good relationship with the banks, as they gave the company some time to finish another asset sale which will further reduce the net debt.
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.
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.
3 days ago · Should You Buy or Sell Bellatrix Exploration Stock? Get The Latest BXE Stock Analysis, Price Target, Earnings Estimates, and Headlines at MarketBeat.
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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 pursuant to its CCAA proceedings, and following the Company’s previously announced transaction with 1184262 B .C. Ltd., an affiliate of Hillcore Group Ltd., whic...
