Twin Butte Energy Ltd TBTEF

Pro Forma

[bshort92]

Purchase at $32,500 K per flowing boe. 215.5 million shares out. Debt to $162 million on a $240 million line. Production to 15,820 boe/d. Reserves now close to 56 mmboe. Acreage at 305,000 K of which 162 K is heavy oil. Slanting towards 100% WI wells, targeting shallow 500-600 meter verticals that pay out quickly in 8 months and cost say $550 k to drill. With $2.14 share price dividend yield is now at 8.26%. So Granger said near term purchase would probably happen...it has. Now where do analysts rate TBE?