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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 Jul 19, 2017 10:29pm
148 Views
Post# 26488848

RE:RE:RE:First, partial debenture payout likely in mid-September

RE:RE:RE:First, partial debenture payout likely in mid-SeptemberThey said in Court that the filing of the 2016 income tax, would generate enough losses that when carried-back, would wipe out previous income tax claims.  So we'll have to see what has changed, since at that time, they felt comfortable that the tax wasn't an issue..

CRA must be desparate for money, after giving so many tax-loss carry-backs in the past year, to people like myself.  There is no money left in the till, so they must be going after whatever they can.

This is all disappointing, with the payout not likely now till later in September.
Bullboard Posts