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Nov 12, 2013 · Angle Energy Inc., an oil and gas company with many well sites in the region and across the province, has recently signed on to an agreement that will allow Bellatrix Exploration, a West Central Alberta-based petroleum company, to acquire it and its assets, according to officials.
The Court dismissed the appeal on the grounds that it was moot, as Bellatrix’s assets had been sold to a third party and the priority to the funds held back from that transaction had already been decided by another judge in the CCAA proceedings, leaving no funds for any potential distribution to BP.
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 Strategic Process, the Company completed an extensive review of the potential transactions and alternatives that may be available to Bellatrix, with a view to maximizing value for the benefit of the Company and its stakeholders.
Jun 22, 2021 · The Company, with the assistance of its advisors, reviewed the potential transaction options and alternatives available to Bellatrix, and determined that the Transaction represents the best available alternative in the circumstances.
Sep 22, 2021 · The Bellatrix transaction is unique when compared with the Redwater and Tantalus deals because the 88 Bellatrix wells have all been remediated and reclamation certificates have been issued. However, landowners and legal experts say those differences are superficial because the well sites still carry potential environmental liabilities for ...
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Jul 22, 2016 · Bellatrix didn't wait to see the outcome of the credit review and started to sell assets before its lenders announced the decision to cut the borrowing base by in excess of C$300M.
