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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 Godisgreaton Sep 03, 2016 10:44am
213 Views
Post# 25205460

TBE

TBEIf I am not wrong now, TBE will be saving salaries of BoDs and management. but have to pay to receivership company. May be saving some money out of that. Secondly, Receiver may be doing all things Comapany bosses did in last 9 monthes but may in trasparent way and we can see that.

If mess is not cleaned before Q3 result date, then Do receiver will present Q3 Results ?
In in my view as oil price is up and company in positive cash flow, if debt restructuring is done then who will take care company after restructuring ?. Just wondering, 
Bullboard Posts