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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 BobTheKnob2on Dec 22, 2016 12:16am
204 Views
Post# 25633529

RE:TBE

RE:TBE
Playsmart wrote: Are we getting any news before christmas ? Calgery people may find that out. I thinks, courts will be closeing on 24th and then will open in next year.


We should be hearing something soon. I am a bit surprised that it has taken this long.Maybe there is more interest which has caused the delay.Either way, I would think that we should hear something by this Friday (it will either be a good seasonal gift, or not).

In the second report, the Receiver inidicated in item 55 the following:

(d) December 15, 2016 – Phase II bid deadline to submit binding offers or
restructuring proposals with deposit; and
(e) December 2016 – seek Court approval and close transaction or sanction
the restructuring proposal.


Bullboard Posts