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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 Godisgreaton Apr 18, 2016 8:28pm
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Post# 24781531

RE:RE:TBE

RE:RE:TBELot of companies go bankrupt. But not those who have good source of income for the banks. We all know, Oil price have crashed cos of some geopolitics and greed to grab big share. And can't stay this for ever. Oil is indispensable so far and people can't drive their cars without it. If you see in last year SUV sale was sky high, And Tesla is not that cheap that every body can afford. If Some can afford then there is not good infrastructure for charging. So eventually when oil price will be up banks will get their money back with extra intrest. That is win win situation for banks as well. 
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