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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
Comment by cenderon Dec 13, 2015 3:21pm
178 Views
Post# 24381119

RE:RE:Twin is trading for $21,000 per flowing

RE:RE:Twin is trading for $21,000 per flowing rock has 15-20% decline rate  , $75 mill. facility on 4000 boe  vs.

TBE  30% decline rate , $230 mill. facility + $85 mill. debentures  on 14,000 boe ... 4 times the debt   

granted twin's boe is higher quality 
Bullboard Posts