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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 Oct 28, 2015 1:13pm
128 Views
Post# 24235116

RE:RE:RE:RE:RE:RE:RE:TBE back drilling again!

RE:RE:RE:RE:RE:RE:RE:TBE back drilling again!
This is a head fake non reality moron rally today. For crying out loud RE is up close to 6% today and they are not even drilling. As for holding production flat these clowns have never been able to do that. No reasonto believe or accept that they are rounding into a well managed firm on the ops side. WTI went over $45 today. BFD. The world is a wash in oil with no macro rally on tap until re pricing takes hold sometime in 2017. Buy NBZ at least they hedged through 2016. These guys didn't have the brains (imagine that) to hedge well into 2016 hence more downside weakness with a new target price that goes out today of .12 on its way to zero.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities