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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 PetroExploreron Jan 18, 2017 4:54pm
502 Views
Post# 25725055

Sorry Shareholders

Sorry ShareholdersCreditors and Debenture Holders, to get a substantial payout. Some clarification needed if Debenture Holders are subordinate to trade creditors. No opposition raised in court. Debenture Holders may have to split costs of Ad Hoc action. (National Bank should probably want to contribute for getting them more money). Looks like there may still be a shell, full of tax pools: stay tuned for a future horror movie sequel?
Bullboard Posts