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1. • • 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 ...

2. People also ask

   When did Bellatrix exploration close its sale transaction?

   • On June 1, 2020 Bellatrix Exploration Ltd. announced the closing of its sale transaction approved by the Court of Queen’s Bench of Alberta on May 8, 2020 in Bellatrix’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”).

   Corporate Profile | Bellatrix Exploration

   www.bxe.com/about-bellatrix/corporate-profile.cfm

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   What is the Bellatrix transaction?

   • CALGARY, AB, June 23, 2022 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") announces a transaction (the "Transaction") pursuant to which, among other things, Spartan Delta Corp.

   Bellatrix Announces Proposed Transaction

   ca.finance.yahoo.com/news/bellatrix-announces-proposed-transaction-210000451.html

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   Who owns Bellatrix oil & gas?

   • 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.

   Bellatrix Announces Completion of Sale Transaction with Spartan

   boereport.com/2020/06/01/bellatrix-announces-completion-of-sale-transaction-with-spartan/

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   Is Bellatrix a publicly traded company?

   • Bellatrix is a publicly traded oil and gas company based in Calgary, Alberta. It obtained protection under the CCAA on October 2, 2019, having been significantly impacted by the various industry challenges facing Western Canada’s oil and natural gas markets, including depressed oil and natural gas prices.

   Bellatrix Exploration: Why a charge sometimes just isn’t

   www.millerthomson.com/en/publications/communiques-and-updates/financial-services-restructuring-communique/july-14-2020-fsi/bellatrix-exploration-asim-iqbal-and-sam-massie/

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   What happened to Bellatrix?

   • As a result, Spartan Delta Corp. has acquired substantially all of Bellatrix’s assets relating to its oil and gas business.

   Corporate Profile | Bellatrix Exploration

   www.bxe.com/about-bellatrix/corporate-profile.cfm

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   What's new at Bellatrix?

   • /R E P E A T -- Bellatrix announces the successful closing of its previously announced third strategic joint venture, a $240 million partnership, with Troika Resources Private Equity Fund which is based in Seoul, Korea./

   News Releases | Bellatrix Exploration

   www.bxe.com/investors/news-releases.cfm

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3. energynow.ca › 2020 › 04Bellatrix Announces Sale Transaction in Connection with its ...

   energynow.ca › 2020 › 04

   • Cached

   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.

4. energynow.ca › 2021 › 06Bellatrix Announces Court-Approved Transaction - Canadian ...

   energynow.ca › 2021 › 06

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   CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the ...

5. www.thestar.com › business › bellatrix-sale-toBellatrix sale to Return Energy proposed as exit to creditor ...

   www.thestar.com › business › bellatrix-sale-to

   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...

6. www.streetinsider.com › Press+Releases › BellatrixBellatrix Obtains Final Court Order Approving Its ...

   www.streetinsider.com › Press+Releases › Bellatrix

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   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...

7. seekingalpha.com › article › 4090101-bellatrixBellatrix Exploration: A Look At Its Three-Year Development Plan

   seekingalpha.com › article › 4090101-bellatrix

   Jul 25, 2017 · As announced on June 14, 2017, Bellatrix sold its Strachan assets for total proceeds of $34.5 million, also gone being 1,750 boe/d production.

8. seekingalpha.com › article › 4010789Should Bellatrix Exploration Ltd Merge Or Sell Itself?

   seekingalpha.com › article › 4010789

   Oct 7, 2016 · The company recently announced a sale to pay the remaining $13 million due in November which takes some pressure off management. The rest of the proceeds went to pay down other bank debt so...

9. seekingalpha.com › article › 4427341-took-a-bath-onIf You Took A Bath On Bellatrix, You Can Make A Ton On ...

   seekingalpha.com › article › 4427341-took-a-bath-on

   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.