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Bullboard - Stock Discussion Forum
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
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GREY:BXEFF - Post Discussion
Bellatrix Exploration Ltd (Canada)
> Subject to Court Approval
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RichyRich$
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Post by
RichyRich$
on Apr 24, 2020 6:53am
Subject to Court Approval
The transaction is subject to court approval. Any chance the courts won't approve it as a negligent option?
(27)
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mjhayman
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Comment by
mjhayman
on Apr 24, 2020 9:10am
No
(29)
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RichyRich$
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Comment by
RichyRich$
on Apr 24, 2020 4:35pm
Penny showed there was a 25% shareholder. Would he have any power to manipulate the courts to refuse the sale? I remember the last Investor Presentation they said their plant facility alone was worth $500 Million. The book value was 15 X higher. Then all of a sudden Bellatrix drops the book value to a fraction after the CCAA. Can we do a class action lawsuit about Bellatrix reporting a false book
...more
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