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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

Post by Straiteon Nov 13, 2019 7:54pm
392 Views
Post# 30348020

Q3 equity $50m, 40 m shares out, new Bookvalue +- 1.2$/share

Q3 equity $50m, 40 m shares out, new Bookvalue +- 1.2$/shareQ3 is out, no news with respect to ongoing strategic process. Among other news, a non-cash impairment loss of $630 million was recognized in the Company's Central Alberta CGU, of which $582 million was allocated to property, plant and equipment and $48 million was allocated to right-of-use ("ROU") assets. The estimated recoverable amount after decommissioning liabilities of the Central Alberta CGU as at September 30, 2019 was $526 million.
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