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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by Rocky7777on Jun 13, 2015 12:43pm
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Post# 23827386

RE:RE:TBE's Drilling Activity for last week

RE:RE:TBE's Drilling Activity for last week
Rocky7777 wrote:
Correct me if I am wrong: Those 3 horizontal wells may cost about $5 million, will take about 1.5 to 2 months to drill and complete, probably bring up about 150-200 Boe/d in medium crude oil production, considering its the Provost Field and DINA and Cummings formations.


My estimation was based on their latest presentation & my intuition. https://www.twinbutteenergy.com/_pdfs/TwinBpresentation.pdf Pages: 9, 10, 11, 12 &13
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