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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 RichyRich$on Apr 22, 2020 4:35pm
155 Views
Post# 30941452

RE:Brent Eshelman

RE:Brent Eshelman MJ... you were obviously full of shiit about that conversation. Because you said they sold it on the pennies end of 2019 and that was his motivation. If so... they would have sold it in the pennies by January 2020. That's obviously not the companies intention as they extended the CCAA many times. That's the sign of due diligence... not recklessly selling. Plus the PWC monitor report said they have numouros interested parties doing due diligence. They were waiting to see the year end total reserves for 2019 which wasn't tallied until March. If their plan was to sell recklessly they would have long time ago... not extend CCAA twice. Also the PWC monitor presented to the courts that Bellatrix is doing a great job cutting expenses and making payments and accumulating cash with no extra debt. They're closing contracts they don't need. Tightening operations efficiency. Not the signs of a company giving up. They're doing well. Your conversation is full of shhht.
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