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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 qwqwon Jun 24, 2016 9:17pm
94 Views
Post# 24997655

RE:Looks to me management want to keep the company together

RE:Looks to me management want to keep the company together"I was hoping they can sell the medium (7k) for 30k / 35k each.. pay off the bank debt... and just leave the heavy stuff and hope for oil recovery."
That option would have been ten times better than this one.They paid $350 million for Provost,
even a cheap b@stard like me would consider $200 million a bargain for it.Enough to get rid of the bank
debt and carry on.
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