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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Bellatrix Exploration Ltd (Canada) > Shareholder revolt

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Comment by stocksnbonds458on Jun 26, 2018 5:01pm

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Post# 28232767

RE:RE:RE:Shareholder revolt

I understand your position the "asset value" may be based on faulty assumptions. Even if this actual value is only 40% of what the company states, that would still garner an average share value of $ 6.40 per share after all debts are paid.

I beilieve we only require 5% of shareholders on board to call a "special meeting" where we can have our request to sell the assets included into the next AGM for a vote.

Perhaps we need someone who is familiar with this process to champion the cause if many here aggree with this approach. Else we may be floundering for many years to come

Sell the assets and close out BXE

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