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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 PeterWrighton Oct 09, 2015 12:04pm
89 Views
Post# 24179480

RE:RE:RE:RE:CMON NOW - THIS IS JUST PURE KRAP

RE:RE:RE:RE:CMON NOW - THIS IS JUST PURE KRAPA lot of projections have oil staying low into next year. TBE has extremely weak hedges in 2016 and will struggle. I woudn't touch this stock at this price and judging by the share price many share the same view. 
I own LRE and I'm not really sure why you compare the two. LRE is over 50% natural gas and TBE is mainly heavy oil?? LRE has an offer on the table as well. These stocks should not move in correlation with each other.
Bullboard Posts