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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 PetroExploreron Jan 18, 2017 12:56pm
139 Views
Post# 25723438

RE:RE:Heading to Court

RE:RE:Heading to Court
pablo87 wrote: keep us posted.  Its a lot more than the BoD that failed us. What about the banks who sold the original securities, who are the same banks who pulled the plug, who are the same banks who were financing the original deal (and more than likely the subsequent deal), and who appointed the Receiver?  What about the securities regulators, where were they? Where were the bankruptcy regulators?  The list is long and distinguished.


Exactly Pablo: National Bank et al, were eager to get theiir loans, in these unprecedented low price times, that just dragged on and on. Proper CCAA filing, could have found a workaround, especially as prices trend up. Will see what happens.
Bullboard Posts