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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
Comment by PetroExploreron Jan 09, 2017 11:53pm
166 Views
Post# 25686667

RE:Perhaps someone could do a spread sheet N Vegas odds

RE:Perhaps someone could do a spread sheet N Vegas odds
CCAUTB0 wrote: On Probability of TBE’s odds against what Peters & Co. is currently assisting the following clients with corporate and / or asset divestitures. The 2 post bid and 2 other “Current Offerings” TBE was, were up against. That oughta keep ya busy for a while and take your mind of your unsolvable dilemma.


Thanks for pointing this out to me.  I agree that TBE's chances do look better than Nordegg Resource's chances.  But it is encouraging to see Nordegg's receivership is dragging out.  I would bet that TBE gets resolved first, and in a more positive way.  There is information out there, for us to analzye. 

Let me get back to you, in a few days: difficult to calculate a precise probability, without more research.  There is some information available:

https://www.petersco.com/pdf/Nordegg_InformationMemorandum_ReceivershipProcess.pdf

https://mnpdebt.ca/Style%20Library/MNP/files/media/documents/Nordegg%20Resources%20Inc/Notice-and-Statement-of-Receiver-June-27-2016.pdf


Bullboard Posts