Bellatrix Exploration Announces Borrowing Base Redetermination Update
CALGARY, June 1, 2016 /CNW/ – Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces a deferral of the Company’s semi-annual borrowing base redetermination to June 30, 2016. Bellatrix 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 May 31, 2016 to