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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 08, 2015 7:05pm
162 Views
Post# 23808992

RE:RE:RE:RE:RE:Bank line reduction and 50% dividend cut June 15

RE:RE:RE:RE:RE:Bank line reduction and 50% dividend cut June 15
Shares were down another 4% plus today. That insider must have known something. Maybe the transition into a higher value asset base is not going well or maybe Eric Nuttall's comments on BNN attributed to the selling. At some point the shares will bottom but summer is usually a bad time for E&P stocks and this issue has such a negative bias against it that it is hard to find any support at these levels.
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