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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by HamSandwichon Jan 10, 2017 9:34pm
139 Views
Post# 25691819

RE:RE:RE:RE:RE:RE:TBE cash on hand 9.8 mil jan 6

RE:RE:RE:RE:RE:RE:TBE cash on hand 9.8 mil jan 6
kasparovisme wrote: Sorry forgot to addthat The purchase price is sufficient to pay all secured lenders info including potential lien amounts and provide for a substantial distribution to the unsecured creditors


Define "substantial" .... 25 cents on the dollar?  50? 

Or just something that exceeds the Reignwood deal?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities