March 15 (Reuters) - Bellatrix Exploration Ltd BXE.TO :
* BELLATRIX EXPLORATION - BEEN ADVANCING EFFORTS, EVALUATING POTENTIAL ALTERNATIVES TO OPTIMIZE CAPITAL STRUCTURE, IMPROVE LIQUIDITY, OTHERS
* BELLATRIX - EFFORTS INCLUDE CO'S ONGOING DISCUSSIONS WITH PARTIES ACROSS CO'S CAPITAL STRUCTURE IN CONNECTION WITH POTENTIAL TRANSACTION ALTERNATIVES
* BELLATRIX SAYS SIGNIFICANT UNCERTAINTY RELATED TO FUTURE EVENTS, CONDITIONS RAISE SUBSTANTIAL DOUBT ABOUT IF CO TO CONTINUE AS GOING CONCERN - SEC FILING