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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 wordsouton Jun 10, 2016 11:28am
279 Views
Post# 24954668

Credit Facility

Credit FacilityMy personal experience with this company and their lenders has taught me not to trust what's going to happen from one day to the next, one week to the next or on the 21st of June 2016.  I wouldn't touch this one with a ten foot pole after their credit facility said they were ending TBE's access to credit.  That said I will be interested to take one last serious look 30 days from now at both their financing (if they're still in business) and what the price of oil will be trading at that time.
Bullboard Posts