GREY:TBTEF - Post by User
Post by
uwinsomeon Jun 11, 2013 5:32pm
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Post# 21512411
An interview with Craig Porter
An interview with Craig Porter
Q.
I am struggling to understand Twin Butte Energy (TBE). Is the dividend sustainable and what will it take to get this one moving?by David 11:10 AM
A.
Yes, we feel it is sustainable. We own it in the Front Street Resource Class. The company was hurt earlier this year when they had some production problems at their Primate Field. Those problems seem to be behind the company now. The market will still wait for a quarter or two to confirm production has settled before valuing it higher. The company also produces heavier oil, which was out of favour earlier this spring but pricing has been improving. We like the management team and the assets.by Craig Porter 11:14 AM
Read the interview here: