Spartan Delta, a Calgary, Alberta based company, completed the acquisition of all the assets of Bellatrix Exploration, an intermediate, exploration and production company, for $109m. "The acquisition strengthens Spartan’s business model and provides an asset base with strategic infrastructure to facilitate further consolidation in west-central Alberta, an area Spartan’s management team has successfully developed, consolidated and monetized over the course of the past two decades," Spartan.