Dec 1 (Reuters) - Bellatrix Exploration Ltd BXE.TO :
* Press release - Bellatrix announces borrowing base redetermination and mutual
expiration of shareholder agreement with Orange capital
* Says approximately $200 million of available liquidity based on September 30,
2015 debt balances
* Effective November 30, 2015, borrowing base of company's credit facility has
been reduced by 10% from $600 million to $540 million
* Co,orange capital llc agreed to allow expiration, as of November 30, 2015, of
shareholder agreement
* Source text for Eikon
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