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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 May 23, 2013 4:25pm
172 Views
Post# 21433751

Controlling the shares

Controlling the shares

Canaccord sat on the sell all afternoon. You have to wonder if they believe that the issue is tracking towards another $30 million or so loss for Q2 like Q1. Or maybe TBE is getting ready to make an acquisition and is being sold down to placate the sellers.Not very pretty these days. Differentials could be poised to go back to $40 or so or maybe another blind side such as production snafus like what happened at Primate in January. Dividend cut? Someone knows the story and is selling.  Better put on the jackboots.

Bullboard Posts