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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 blondeBondon Sep 23, 2014 10:02am
348 Views
Post# 22961787

positive article from SA

positive article from SA

Summary

  • Q2 results were very strong both operationally and financially.
  • Recent sell-off has created an opportunity.
  • Currently yields about 12%.
  • The transition from heavy oil to medium and light is going smoothly thus far.

In a previous article I took a look at Canadian oil & gas producer Twin Butte Energy (OTCPK:TBTEF) and at the time I thought it was a pretty good pick. I now strongly believe that it is a very opportune time to pick up some shares. In the past month the shares are down about 10%, after running up a bit after reporting very good Q2 results.

Here's the link.
Bullboard Posts