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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
Post by Rocky7777on Dec 23, 2015 10:59am
163 Views
Post# 24408001

Someone proposed a merger between NBZ & TBE. Any thoughts?

Someone proposed a merger between NBZ & TBE. Any thoughts?
Symbol Shares Dec 23 Open Estimated Debt Production BOE/D Price Per flowing  barrel
NBZ 111220000 3.61 364000000 20000 $38,275
TBE 354040000 0.09 300000000 16000 $20,741
 
Vs Proposed Merger
TBE To NBZ Merger Merger Price Per flowing  barrel TBE Price Per Share
10 To 1 $33,148 $0.36
15 To 1 $31,964 $0.24
20 To 1 $31,372 $0.18

Bullboard Posts