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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 bshort92on Jul 10, 2009 9:41am
290 Views
Post# 16129391

Welcome Aboard

Welcome AboardCan Able shareholders now own 8.2 million shares of TBE or over 15% of the company. In return TBE has acquired 250 BOE of production anf hopefully two new promising core areas. So Jim: Where do you go from here: Is the focus on gettng oilier away from the 70/30 NG to oil ratio? Are you going to focus on the two new acquired core areas? Are you going to continue your efforts in BC? Is the Montney still the area to be in? Are you considering divesting the Montney? How about all of NE BC altogether? Is the future just in Alberta? How can you grow this outfit in this miserable natural gas market? Q2 had to be a stinker...I'm sure those results are baked into the share price. Concerned about the price going from $1.05 to .75. Lets get an update out with some clairification on the outlook and direction.
Bullboard Posts