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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 Oldfart74on Aug 23, 2017 10:50am
217 Views
Post# 26611953

RE:Deb's

RE:Deb's
johnb12 wrote:
Thank you Mr oldfart
How much cash is there to be given out ?

Also with that said any thought's on what we may recive on the dollar ?

thank you

John

At early June, the Receiver had about $ 82 million cash on hand. Since that date, there would been professional fees incurred - not sure of amount.  Attached is link to ninth report of Receiver where details of claims are outlined.  You do the math based on your assessment of the outcome of claims process.  https://cfcanada.fticonsulting.com/twinbutte/docs/Ninth%20Receiver's%20Report_TBE_FINAL.pdf
Bullboard Posts