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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...
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.
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 ...
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.
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Under the terms of the associated agreements, Bellatrix sold, effective July 1, 2013, to the Canadian subsidiaries of Daewoo and Devonian an aggregate 50% of the Company’s working interest share of its producing assets, an operated compressor station and gathering system and related land acreage in the Baptiste area of West Central Alberta (the ...
