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Twin Butte Energy Ltd
396 11 Ave SW Suite 410
Phone: (403) 215-2045p:403 215-2045 CALGARY, AB  T2R 0C5  Canada Ticker: 768768
On 9/2/2016, the Court of Queens Bench of Alberta granted the Company's lenders' application for a receiver. FTI Consulting Canada Inc. was appointed as receiver and manager over the assets, undertakings and property of Twin Butte Energy Ltd. Effective upon the appointment of the Receiver, all of the Company's Directors resigned. Mr Wollmann has stepped down as President & Ceo and has entered into a consulting arrangement with the Receiver.
This company is no longer actively traded on any major stock exchange.
Business Summary
Twin Butte Energy Ltd. is a Canada-based intermediate oil and natural gas producer. The Company is engaged in the acquisition of, exploration for and the development and production of petroleum and natural gas properties in Western Canada. The Company's production is derived from five regions, which include the Provost region, the Lloydminster region, the Plains region, the West Central Alberta region and the Pincher Creek region. The Provost medium oil region is located along the eastern edge of Alberta. The Lloydminster heavy oil region is centered around the City of Lloydminster on the Alberta/Saskatchewan border. The Plains region is on the eastern half of Alberta running from east of Calgary to southeast of Edmonton. The West Central Alberta region is approximately 120 kilometers northwest of Edmonton and stretches to northwestern Alberta and northeastern British Columbia. The Pincher Creek region is approximately 20 kilometers southeast of Pincher Creek, Alberta.
(Source: ARS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/201612/31/2015Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board James M.Saunders 56 3/24/2015 12/13/2005
Chief Financial Officer, Vice President - Finance, Corporate Secretary R. AlanSteele 3/19/2008 9/18/2006
Chief Operating Officer David W.Middleton 5/15/2014 5/15/2014
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Emerge Oil & Gas Inc. 250 – 2nd Street SW Calgary AB Canada
Avalon Exploration Ltd. 3100-715 5th Avenue SW Calgary AB Canada
Pocaterra Energy Inc. 330 Fifth Avenue SW Calgary AB Canada
6 additional Subsidiary records available in full report.

Business Names
Business Name
768
Avalon Exploration Ltd.
BLACK SHIRE ENERGY INC.
11 additional Business Names available in full report.

General Information
Number of Employees: 102 (As of 12/31/2014)
Outstanding Shares: 354,848,000 (As of 6/30/2016)
Stock Exchange: TSE
Fax Number: (403) 215-2055


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Saturday, July 22, 2023