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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


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada) > Alberta eyes 'Liquidity Package' for Oil & Gas Companies
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Comment by RichyRich$on Apr 22, 2020 1:10pm
110 Views
Post# 30939998

RE:RE:RE:Alberta eyes 'Liquidity Package' for Oil & Gas Companies

RE:RE:RE:Alberta eyes 'Liquidity Package' for Oil & Gas CompaniesPenny... there is no rumour on the streets. Everyone is tight lipped. No one is giving any inside info. Also... You do realize that the banks/lenders own 83% of the common shares. So if they accept a low ball, the bank/lenders would lose their $110 Million in the common shares that they swapped for debt in early 2019. Unlikely they would be willing to lose $110 Million. They'd sooner relist the stock with AECO NG trending up now and remaining high.
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