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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 mingzhuon Jan 20, 2020 9:32am
270 Views
Post# 30572710

this is strangest ccaa. companies are normally trying to

this is strangest ccaa. companies are normally trying to stay float, but bxe was willingly getting into CCAA even it did not have to. considering that over 80% shareholders are former debtor holders after converting, it is not easy to say to them shares are worth nothing. it is dealing with big guys not retailers. 
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