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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
Post by powermanon Apr 28, 2016 8:44am
191 Views
Post# 24819221

Good news today or tomorrow

Good news today or tomorrow1. Creditor protection will save the day.

2, Announcement will be made to clarify the situation.

3. Holders will know their fait.

4. Fund amounts required for first lien holders will be announced.

5. An ad-hoc committe wii be selected to discuss winding down debentures. 

5. Costs of abandonment and clean up will be known

6. BOD will have new opportunities.

7. And, Or Equity holders will get screwed at no additional cost. DF


Bullboard Posts