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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

Comment by Khersonon Nov 08, 2019 11:32pm
158 Views
Post# 30330681

RE:RE:BXE Q3?

RE:RE:BXE Q3?
mjhayman wrote: Cfo told me they are still posting.


The only people that would know anything outside of the management on the numbers is the Monitor. There is no need for BXE to post any financials publicly because the company is under CCAA protection and the only enitity that they need to inform is the court appointed Monitor.
The assumed financial information compiled by the Monitor has already been posted on the PwC Canada site. The Monitor's First Report shows an expected cash loss of about $10 million ending January 17th. But the thing to remember is that the Monitor's cash flow assumptions are based on the strip price from early October.
Kherson

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