Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 tanninon Apr 02, 2019 4:36am
156 Views
Post# 29567907

RE:Schacter's right...and there's no reason for this deal

RE:Schacter's right...and there's no reason for this dealI mean, maybe i'm wrong...have scanned financials in the past, saw a moribund situation, but one that wasn't deterioting, was paying interest, and should, imo, have been able to continue that way, and likely, in this low interest environement, be able to refinance, or extend, debs/loans, with 'some' equity as incentive. Just didn't see the need for this....those who understand this company better, and there must be many here, please explain to me, and i' will listen, why this radical move was required, or was the only best possibility around. Thanks guys/gals, i will be reading.....might educate me to things i'm missing.......
<< Previous
Bullboard Posts
Next >>