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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

Comment by cigarbutt1on Aug 14, 2019 9:47pm
215 Views
Post# 30029873

RE:RE:1-2 years later....

RE:RE:1-2 years later....Every year in August, I think of the zero threat on debentures and what it really meant.

And now, years later, I note that the ultimate buyer (Sinoenergy) has seen its share price decrease by 80% and the return on their oil + gas investments in western Canada has simply been, so far, horrible.

If another significant (secular and cyclical) downturn comes, we may have to look for alternative sources of capital.
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