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Twin Butte Energy Ltd.
13 articles mentioning Twin Butte Energy Ltd.
Twin Butte Announces Extension of Credit Facilities
Twin Butte has engaged Peters & Co. Limited and National Bank Financial Inc. as its financial advisors to advise the Company in connection with a comprehensive review and analysis of its strategic alternatives process.
Twin Butte's Debt Load Called In by Lenders
Unless otherwise agreed to by the lenders, the lenders will be entitled to make a demand for the full repayment of the amounts owing under such credit facilities on June 10, 2016.
Twin Butte in Danger of Default; Looks for Maturity Extension
Twin Butte will default if extension not granted, syndicate will realize assets.
Twin Butte Confirms HZ Potential of Assets, Lowers Costs in 2015
In 2015, the long term horizontal potential of Twin Butte's asset base was confirmed through the drilling of several Provost and Lloydminster area projects which have delivered oil production at rates above expectation with costs below...
Twin Butte's Facility Amended to $225MM; Talks Strategic Review
As announced on December 9, 2015 , Twin Butte has engaged Peters & Co. Limited and National Bank Financial Inc. as its financial advisors to advise the Company.
Twin Butte Energy Focuses on Provost Medium Oil
Confidence in the depth and quality of the Provost area inventory, on the back of the strong 2014 and Q1 2015 results, continues to grow.
Twin Butte Cuts 2015 Capex
Twin Butte now anticipates a capital program of $120 million ($40 million reduction) in 2015
Twin Butte Energy Sees New President, COO
Rob Wollmann and David Middleton have joined the Company as President and Chief Operating Officer.
Twin Butte Shifts to HZ as Vertical Declines Steepen
Over 70% of 1Q 2014 capital focused on horizontal activity. Substantially all of the remaining 2014 drilling weighted to horizontal activity.
Twin Butte Promotes COO to President and COO
Twin Butte Energy Ltd. has announced that Bruce Hall has been promoted to President and Chief Operating Officer of Twin Butte from his current position as COO. Mr. Hall joined Twin Butte as Vice President, Corporate...
Twin Butte Looks to Horizontal Opportunities to Drive Growth
Twin Butte continues to expand its horizontal drilling inventory and the Black Shire acquisition has added in excess of 100 drill ready, highly repeatable, horizontal locations. Of the 31 wells drilled in the third quarter, 10...
Twin Butte Closes Equity Financing to Acquire Black Shire
Twin Butte, through a syndicate of underwriters issued a total of 35,898,000 subscription receipts at a price of $1.95 per Subscription Receipt for gross proceeds of approximately $70 million.
Twin Butte Details Oily Lloydminster Acquisitions, Ups Production
Twin Butte Energy Ltd. has reported its financial and operational results for the three months ended September 30, 2012. Highlights of Twin Butte's highly successful third quarter of 2012 are as follows: Recorded quarterly production of...