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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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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...
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 ...
Bellatrix Exploration Ltd. (NYSE: BXE; TO: BXE) closed the asset sale and joint venture with the Canadian subsidiaries of Daewoo International Corp. and Devonian Natural Resources Private Equity Fund, the company announced on Sept. 2.
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.
Mar 29, 2019 · CALGARY - Shares in Bellatrix Exploration Ltd. fell by as much as 35 per cent Friday after it proposed a deal that would leave its existing shareholders with just 16.5 per cent of the company.
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...
