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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 RichyRich$on Oct 11, 2019 3:23pm
244 Views
Post# 30223368

Bellatrix Buyout

Bellatrix BuyoutI think it's going to be a buyout because if they were to go bankrupt they would have just did it without a freeze. I spoke with investor relations and they said they are pursuing bidders as one option. Which means they could have multiple offers by different companies. But the warning of other options is always stated just in case a deal isn't reached. Even if it delists from the TSX it doesn't matter if another company buys it out or merger.
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