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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by ocean112on Dec 13, 2014 2:07am
311 Views
Post# 23226951

RE:RE:RE:RE:Dividend payments may be up to the bank, not the TBE board

RE:RE:RE:RE:Dividend payments may be up to the bank, not the TBE boardthey have 65% available room on thier LOC ($237M out of $365M).  This is a non-issue even if their credit line is reduced as they still would have plenty of room but their policy is to self fund operations without drawing on credit lines.
Bullboard Posts