TSX, NYSE: BXE
CALGARY, Feb. 6, 2017 /CNW/ - Bellatrix Exploration Ltd.
("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces that Mr.
Doug Baker has resigned as a member
of the Board of Directors (the "Board") of the Company, citing
personal and family reasons. Mr. Baker joined the Board in
2007, and was a member of the Company's Corporate Governance
Committee and the Chair of the Audit Committee.
"Mr. Baker has been an invaluable member of the Board, providing
insight and stewardship over his many years of service. On
behalf of the Board and management I wish to thank Mr. Baker for
his contributions to Bellatrix," said W.C.
(Mickey) Dunn, Chairman of the Board.
In light of Mr. Baker's resignation, the Board has appointed Mr.
Keith Turnbull, a current member of
the Audit Committee of the Board, as the Chair of the Audit
Committee. Mr. Turnbull joined the Board in 2014, and prior thereto
was a partner at KPMG LLP.
Bellatrix also announces the appointment of Mr. Tom MacInnis to the Board, and as a member of
the Audit Committee, to fill the vacancy created by Mr. Baker's
resignation. Mr. MacInnis is a seasoned energy-focused financial
executive. Most recently Mr. MacInnis was Head of Financial
Markets for National Bank Financial where he was responsible for
leading the firm's global energy practice. Prior thereto, Mr.
MacInnis was a founder and Managing Director of Tristone Capital,
an energy focused boutique investment banking practice in
Calgary, Alberta. Mr.
MacInnis holds an MBA from the Richard Ivey School of Business and
an ICD.D. Certification from the Institute of Corporate
Directors.
"We are extremely pleased to welcome Mr. MacInnis to the
Bellatrix Board and feel his wealth of financial and capital
markets leadership and fresh perspectives will provide additional
strength to the Board going forward," said Mr. Dunn.
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.