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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada) > A blessing in disguise
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Comment by An1588eron Mar 30, 2019 10:45pm
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Post# 29559817

RE:A blessing in disguise

RE:A blessing in disguise
Agree. May buy more in the coming weeks. With debt concerns pushed aside, this very well could be an inflection point. I'm not excited about the recapitalization transaction, however it could have been worse. As I mentioned earlier, 16.5% is much better than 0. There appears to be alot of value here even with the recapitalization.
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Dealroom for high-potential pre-IPO opportunities