Twin Butte Energy Ltd TBTEF

Two more well licenses

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Per the Oil Patch Bulletin TBE pulled two licenses Friday under EME's name targeting a drilling effort at Salvador (a property not highlighted in the heavy oil fairway) for a pair of app. 720 meter deep oil wells. Not sure if those are of the a typical $515 K low cost heavy oil wells that is the main focus going forward. The updated TBE presentation touches on concentrating in the heavy oil corridor around Lloydminster with the obvious emphasis on TBE properties at Frog Lake and Earlie as well as the former EME properties at Silverdale and Primate. The mention of consolidating other smaller drillers in this cooridor is mentioned. The presentation also alludes to the assimilation of not just EME's Tom Greschner to the TBE BOD put the addition of both Preston Kraft and Claude Gamache also from EME to the management team.