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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by bshort92on Mar 24, 2010 10:23pm
420 Views
Post# 16921480

RE: 250

RE: 250Good point...you have to consider the impact of the recent royalty changes on drilling activity. I continue to marvel at the incredible per share rise in CR. Projected to exit 2010 at 18,000 boe/d including 8000 boe/d at their eastern Alberta Princess property where TBE also owns acreage. The news at Bruce is encouraging but seeing what CR is doing at Princess I hope that area gets at leat a test well drilled by TBE in 2010 and that can emerge as a significant oil based property. Cardium is hot right now but is Bruce and Princess holding just as much upside?
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