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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 konzelmannon Nov 24, 2015 8:31pm
189 Views
Post# 24322187

RE:RE:RE:RE:RE:RE:RE:RE:RE:There Is Something Wrong Here....

RE:RE:RE:RE:RE:RE:RE:RE:RE:There Is Something Wrong Here....
Pretty fair summary. The last credit facility review in June was set at 325 million. Oil was already pretty low at that point. I would imagine a potential decrease to the facility, but I am not sure that we can attempt to calculate or estimate. I think if anyone has any insight as to how this would specifically be calculated, that would be beneficial for all of us potentially. Obviously TBE's debt reduction strategy has been in play to provide leeway in this regard.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities