Twin Butte Energy Ltd TBTEF

Pro Forma

[bshort92]

Some of the data in the revised corporate presentation just uploaded today needs to be clarified.On page 2 of the revision it states TBE's pre merger production was 13,600 boe/d. Yet on Friday it was 13,900. What happened to the other 300 boe/d? Did it just vanish? Did the $14 million 320 boe/d purchase in late April never materialize? So add the now revised 13,600 to Avalon's 1920 boe/d  that totals 15,520 boe/d. Yet on page 7 it says pro forma production is 14,325 boe/d. So what is the correct figure on production? Next: Page 18 says TBE has 220 K net undeveloped acres but with the Avalon purchase it says 417K acres yet the press release said 85K acres. So which is the correct figure? That is a 112 K acre variance. ?