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Bellatrix Exploration Ltd (Canada) BXEFF

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

Comment by Equalizeron Oct 09, 2019 10:32am
216 Views
Post# 30211663

RE:RE:Bid/ask .3

RE:RE:Bid/ask .3
anything is possible but i also invested in twin butte on its way up and during their finale they had no equity left, their debt was higher then assets held. We owe 385mil with 2 billion in assets even if we sell them for 400 million a 80% discount we still get our 15 million MC which By law we get, first creditors senior notes preferential shares than us the shareholder No way around it and rumor is an American is on their way to scoop up canadian assets
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