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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 Aug 05, 2009 4:08pm
262 Views
Post# 16193813

Deals are getting done!

Deals are getting done!Petrobank takes out TOG is a massive $2.2 billion deal. That isn't chump change but it illustrates that despite formidable pricing pressures and technical obstacles the market is ripe for a huge wave of consolidation and mergers to be had in the the Canadian Intermediate and Jr E&P space. If you snoooze you loose and sitting back is not what any oufit should be doing in this bad macro environment. Smart and savvy operators have a chance to leverage their outfits with others into making future deals a win-win situation at the current price levels for energy. It takes skill and vision to craft and pull off a deal. Kudo's to TBE board member Paul Colborne, an influential principal in TOG, for making the Petrobank deal a success for TOG's shareholders. Now Paul please rub some of your karma onto this little jewel,TBE, that seems to sit neglected and undercovered by the investment community and analysts.
Bullboard Posts