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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 Aug 07, 2011 6:30pm
183 Views
Post# 18913996

RE: RE: RE: Who's fault is it?

RE: RE: RE: Who's fault is it?TBE drills the lowest cost wells in the WCSB. The cold flow verticals at Frog Lake cost about $500 K to complete. It helps to understand why TBE would still be profitable drilling these in a $70 a barrel oil enviroment. That's why Friday''s 10% sell off is that much more baffling. Got a feeling next week will yield more of the same.
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