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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 frankstevens17on Dec 19, 2015 2:51pm
179 Views
Post# 24398187

RE:Update

RE:UpdateI agree no action should taken by investors until the picture becomes clarified by the National Bank credit review, but the Dec 9th PR pretty well tells the story. The credit line will most likely be capped at the current o/s balance with perhaps a provision for a temporary bulge in the line if necessary to facilitate closing an asset sale.
Bullboard Posts