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Twin Butte Energy Ltd TBTEF

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

Bullboard Posts
Post by bshort92on Aug 02, 2012 4:01pm
225 Views
Post# 20178717

Globe

Globe

It is good to see that TBE's robust recycle ratio is getting noticed. Yes the markets have still not taken heed of the compelling value that TBE will soon be positioned to throw off to shareholders. I suspect once the Avalon deal closes by the end of the month and TBE begins to pull some licenses to drill, perhaps monetizes some non core assets and re affirms the dividend through year end then at some point TBE will be getting a valuation closer to $60 k per flowing boe. Until then the shares will probably move sideways. Stay tuned.

Bullboard Posts