Bellatrix Exploration Ltd.
On June 1, 2020 the assets of Bellatrix Exploration Ltd. were purchased by Spartan Delta Corp.
On June 1, 2020 the assets of Bellatrix Exploration Ltd. were purchased by Spartan Delta Corp.
Bellatrix Exploration Ltd. is a Canada-based company operating in the Energy and Oil and Gas industries. In 2019, the company applied for and received an order for protection under the Companies’ Creditors Arrangement Act. PricewaterhouseCoopers Inc. was appointed as the monitor during this process. In June 2020, the sale transaction of Bellatrix's assets was approved by the Court of Queen’s Bench of Alberta. Subsequently, Spartan Delta Corp. acquired a significant portion of Bellatrix's assets related to its oil and gas business. The last recorded investment in Bellatrix Exploration Ltd. was a $50.00M Post-IPO Debt investment made on 19 July 2016, with National Bank Financial being the investor. With the conclusion of the sale transaction, Bellatrix Exploration Ltd. ceased to be monitored. More information and publicly filed materials related to this process are available on the website of PricewaterhouseCoopers Inc. This marks a significant change in the company's trajectory, with the assets being acquired by a new entity.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Debt | $50.00M | 1 | National Bank Financial | 19 Jul 2016 |
| Post-IPO Equity | $30.00M | 1 | National Bank Financial | 19 Jul 2016 |
| Post-IPO Debt | $250.00M | - | 21 May 2015 | |
| Post-IPO Equity | $172.62M | 10 |
|
05 Jun 2014 |
| Post-IPO Equity | $175.00M | 2 |
|
15 Oct 2013 |
No recent news or press coverage available for Bellatrix Exploration Ltd..
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