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Bullboard - Stock Discussion Forum 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... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > this is strangest ccaa. companies are normally trying to
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Post by mingzhu on Jan 20, 2020 9:32am

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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