Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(0)
•••
Comment by konzelmannon Jul 09, 2015 11:18am
123 Views
Post# 23907191

RE:RE:RE:RE:RE:RE:RE:RE:Almost comical...

RE:RE:RE:RE:RE:RE:RE:RE:Almost comical...
I don't think oil can stay low for much longer personally, because I do think that continued capex cuts will come out in the wash, and North American oil production will fall to a level that will create a whiplash effect, from 'oil glut' to 'oil shortage'. But I would have expected that to happen by now, I thought the 'game' was going to be that they'd push oil down until the summer and then hop on board for a big summer oil rally. Turns out, they want to keep it down longer. Maybe they'll try for the big rally next summer or something and really push oil high by then. At this point I don't have a date in mind, but just the expectation that due to declines, cutting capex will eventually result in an oil shortage and will return oil to $100.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities