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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

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Comment by BobTheKnob2on Sep 20, 2016 11:21pm
129 Views
Post# 25259200

RE:creditor list - interesting read

RE:creditor list - interesting read
BASTILLEDAY4U wrote:
https://cfcanada.fticonsulting.com/TwinButte/docs/Creditor%20Listing%20Revised.pdf


From the above, here are some of the larger creditors. There is a range of creditors, from those owed a couple bucks to a half million. There are also a number of others with prepaid expenses or credits that are due TO Twin Butte. I have listed the largest one below, which has about a $84K credit balance. 

Listed below are those who are owed over $100K as of Sept 16.

BAKER HUGHES BUSINESS SUPPORT SERVICES 174,830.92
BURNET DUCKWORTH & PALMER LLP 190,580.62
CANADIAN COYOTE ENERGY LTD 104,516.31
CANWEST PROPANE PARTNERSHIP 137,868.73
CRUDE MASTER TRANSPORT INC. 497,473.95
Sinopec Daylight Energy Ltd. 112,727.23
Frog Lake Energy Resources Corp. 199,116.49
FROG LAKE OILFIELD SERVICES LP 313,133.24
GARRISON OILWELL SERVICING LTD. 361,469.38
Heritage Royalty Resource Corp. 153,369.98 
HOLLOW RIVER TRANSPORT INC 193,496.24
HUSKY OIL OPERATIONS LIMITED 361,921.62
SCHLUMBERGER LIFT SOLUTIONS CANADA LTD 118,440.51
MITCHCO ENVIRONMENTAL CORP. 188,327.34
Mosaic Energy Ltd. (83,600.39)
NALCO CANADA ULC 134,525.09
R.M. OF ELDON NO. 471 168,810.17
R.M. OF HILLSDALE NO. 440 303,976.14
Receiver General of Canada 177,253.66
RUNNING FOX RESOURCE CORP. 175,682.26
SHELL CANADA ENERGY 591,144.28
SURE FLOW OILFIELD SERVICES INC. 118,715.26
ALBERTA ENERGY REGULATOR 111,543.58
COUNTY OF BARRHEAD NO.11 159,495.74
RR DONNELLEY CANADA INC 121,347.46

Convertible Debentures 81,100,000.00

Secured Bank Indebtedness 205,375,283.65

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