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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.
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...
The Transaction is the result of the 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.
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 ...
May 11, 2021 · Summary. Spartan Delta bought the Bellatrix assets out of the failure of Bellatrix. Those assets offer capital efficiency of CAD$4,000 per Boe/day. Debt-free Spartan Delta can develop those...
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...
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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 the ...
