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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
Bullboard Posts
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(7)
•••
Comment by wordlesson Mar 11, 2016 2:27pm
167 Views
Post# 24649337

RE:so in summary ... ?

RE:so in summary ... ?
The Company is currently for sale - However, should WCS recover to the $40 barrel range, this Company will be just fine.  If WCS recovers to the $50 barrel range, this is a $1 stock again so no need to sell on the cheap (unless the bank forces them to).

BTE would be a natural acquiror of this company, but they have their own debt problems right now.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities