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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)
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Post by wajacon Dec 11, 2017 6:19pm
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Post# 27133923

being rewarded for reverse split...

being rewarded for reverse split...Bellatrix is being rewarded for screwing it's shareholders with a reverse split. 
The company also has a huge debt and will have to sell some of it's properties to pay down debt. It's not pretty, so I've taken a loss and sold my holdings.
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