March 22 (Reuters) - Twin Butte Energy Ltd TBE.TO :
* Within context of ongoing strategic alternatives process,
there is uncertainty surrounding company's ability to continue
as a going concern
* Due to current pricing environment and lack of liquidity
no development projects have or will be undertaken in Q1 2016
* Production is expected to continue to decline throughout
year exiting in 10,000 boe/d range
* Have had to reduce staff counts and decrease compensation
for everyone
Source text for Eikon: ID:nCNWsZDL1a
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