Bellatrix Exploration Ltd. (BXE): Billionaire Howard Marks’ Oaktree Capital Management Takes 8.8% Stake

Page 13 of 23 – SEC Filing

CUSIP No. 078314101

SCHEDULE 13G

Page 13 of 20

 

ITEM 1.	(a)	Name of Issuer:
		Bellatrix Exploration Ltd. (the “Issuer”)
	(b)	Address of Issuer’s Principal Executive Offices:
		1920, 800 5th Avenue SW Calgary, Alberta T2P 3T6 Canada
ITEM 2.	(a)- (c) Name of Person Filing; Address of Principal Business Office; and Citizenship
		This Schedule 13G is filed jointly by each of the following persons (collectively, the “Reporting Persons”), pursuant to a joint filing agreement attached hereto as Exhibit I, by: (1)  Oaktree Value Opportunities Fund, L.P. (“VOF”), a Cayman Islands exempted limited partnership, in its capacity as the direct owner of 18,750,000 Common Shares of the Issuer; (2)  Oaktree Value Opportunities Fund GP, L.P. (“VOF GP”), a Cayman Islands exempted limited partnership, in its capacity as the general partner of VOF; (3)  Oaktree Value Opportunities Fund GP Ltd. (“VOF GP Ltd.”), a Cayman Islands exempted company, in its capacity as the general partner of VOF GP; (4)  Oaktree Fund GP I, L.P. (“GP I”), a Delaware limited partnership, in its capacity as the sole shareholder of VOF GP Ltd.; (5)  Oaktree Capital I, L.P. (“Capital I”), Delaware limited partnership, in in its capacity as the general partner of GP I; (6)  OCM Holdings I, LLC (“Holdings I”), a Delaware limited liability company, in its capacity as the general partner of Capital I; (7) Oaktree Holdings, LLC (“Holdings”), a Delaware limited liability company, in its capacity as the managing member of Holdings I; (8) Oaktree Capital Management, L.P. (“Management”), Delaware limited partnership, in its capacity as the sole director of VOF GP Ltd.; (9) Oaktree Holdings, Inc. (“Holdings, Inc.”), a Delaware corporation, in its capacity as the general partner of Management; (10) Oaktree Capital Group, LLC (“OCG”), a Delaware limited liability company, in its capacity as the managing member of Holdings and as the sole shareholder of Holdings, Inc.; and (11) Oaktree Capital Group Holdings GP, LLC (“OCGH GP”), a Delaware limited liability company, in its capacity as the duly elected manager of OCG. The principal business address of each of the Reporting Persons is 333 South Grand Avenue, 28th Floor, Los Angeles, California 90071.
	(d)	Title of Class of Securities: Common Shares (“Common Shares”)
	(e)	CUSIP Number: 078314101