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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 kasparovismeon Apr 19, 2017 12:03pm
171 Views
Post# 26137566

RE:RE:RE:RE:RE:RE:75 Million left for unsecured

RE:RE:RE:RE:RE:RE:75 Million left for unsecuredIMO debs would be 6.25% up to date of filing.  court will allow 5% for unsecured general creditors after filing date. Question is whether debs are able to get 6.25% after filing date or 5% as rest of creditors. And whether they are pari passu to general creditors.
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