Bellatrix announces borrowing base redetermination update
June 30 2016 - 5:43PM
PR Newswire (US)
TSX, NYSE: BXE
CALGARY, June 30, 2016 /PRNewswire/ - Bellatrix
Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE)
announces that the Company and its syndicate of lenders have
mutually agreed to defer the semi-annual borrowing base
redetermination under the Company's revolving credit facilities
(the "Credit Facilities") from June 30,
2016 to July 15,
2016.
Bellatrix Exploration Ltd. is a Western Canadian based growth
oriented oil and gas company engaged in the exploration for, and
the acquisition, development and production of oil and natural gas
reserves in the provinces of Alberta, British
Columbia and Saskatchewan. Common shares of Bellatrix
trade on the Toronto Stock Exchange and on the New York Stock
Exchange under the symbol BXE.
SOURCE Bellatrix Exploration Ltd.
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