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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) > Banks Refinance...
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Post by RichyRich$on Apr 24, 2020 6:43am
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Post# 30948184

Banks Refinance...

Banks Refinance...If this is the deal. The bank/lenders would lose $300M + $110M in common shares they swapped debt for. Why wouldn't they just renegotiate the debt to a new term and keep the company going? Bellatrix was still able to make the interest payments with AECO NG trending up.
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