Bellatrix Exploration Ltd. announced that Mr. Maxwell Lof will be resigning from his position as the Company's Executive Vice President & Chief Financial Officer, effective August 31, 2019, to focus on ongoing health issues. Bellatrix also announced the hiring and appointment of Mr. Shane Abel as the Company's new Executive Vice President & Chief Financial Officer, effective September 1, 2019. Mr. Abel has over eight years of financial executive experience at both public and private companies, and was most recently the Chief Financial Officer of High Ground Energy Inc. Mr. Abel's background also includes almost a decade of experience as an investment banker with BMO Capital Markets, including mergers & acquisitions, equities, debt securities, and bank facilities.