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

Page 2 of 23

Page 2 of 23 – SEC Filing
CUSIP No. 078314101
SCHEDULE 13G
Page 2 of 20
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Oaktree Value Opportunities Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  o
(b)  o
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
18,750,000 (1)
6
SHARED VOTING POWER
None
7
SOLE DISPOSITIVE POWER
18,750,000 (1)
8
SHARED DISPOSITIVE POWER
None
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,750,000 (1)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8% (2)
12
TYPE OF REPORTING PERSON
PN

 


(1)
In its capacity as the direct owner of 18,750,000 Common Shares of the Issuer.
(2)
All calculations of percentage ownership are based on a total of 212,511,486 Common Shares outstanding as of June 30, 2016, as disclosed in the Issuer’s Form 6-K filed with the Securities and Exchange Commission on August 10, 2016 (the “Form 6-K”).

Follow Bellatrix Exploration Ltd. (NYSE:BXE)

Page 2 of 23