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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 jackripperIXon Jun 02, 2016 3:59pm
224 Views
Post# 24928527

Twin Butte Weighs Options as Lenders Offer 24-Hour Extension

Twin Butte Weighs Options as Lenders Offer 24-Hour Extension“This is new territory,” Dennis Fong, an analyst at Canaccord in Calgary, said Thursday in a phone interview. “It could be that there’s a buyer that will clean up the balance sheet or take out the entire company, or the bank believes the process is getting long in the tooth and wants to pull the trigger on a restructuring.”
Bullboard Posts