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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 Equalizeron May 31, 2020 9:06pm
403 Views
Post# 31094580

That debt transaction last year

That debt transaction last yearActually eliminated some of the debt, and created new 2nd lien holders. New lien at 50million, banks own the debt don't they? Did other lien holders get ripped or were they part of that trancation.

they took shares! Why did they accept shares for this.

seems like it's 87 million- 50 million and the rest could be for shareholders?
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