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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by bshort92on Jun 10, 2013 10:04pm
162 Views
Post# 21509534

RE: RE: RE: Contrarian

RE: RE: RE: Contrarian

Ask yourself why differentials WCS to WTI are now under $13 and TBE languishes as a shunned to be avoided issue. Maybe an insider recognizes that Q2 might not be the train wreck that Q1 was but for most we all assume that with spring break up that production is now under 17,000 boe and without any activity via licences on the Daily Oil Patch Bulletin we conclude that TBE either can't commit any additional capex to increase production or another blind sided surprise (high cost of diluent?, frozen wells?, dry holes ala an 89% success rate? etc) is constraining the shares.Is there any positive news on the horizon?

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities