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Traverse Energy Ltd TVETF

Traverse Energy Ltd is a Canada-based company. The Company is engaged in oil and gas exploration, development and production activities. It conducts its operations in the province of Alberta. The Company’s assets are located in the Carbon, Turin and Greater Coyote areas of Alberta as well as in the Duvernay land base located in the Buffalo Lake, Chigwell and Pigeon Lake areas of Alberta. The Greater Coyote area includes properties in the Chain Lakes, Coyote, Hanna, Michichi, and Watts areas of Alberta.


GREY:TVETF - Post by User

Post by mike49on Apr 05, 2018 6:59pm
159 Views
Post# 27839579

Year end is out

Year end is outAfter hours again but at least not a friday.
Just wondering,15 mil cap-ex this year (maybe).bank line safe till 2019 and probably only one third drawn so where oh where?
If the duve well cleans up to 80-100 boed by winter do they poke the ground again?
(Would still like the full story there,by the way).
Last 4 wells on existing properties hit 50% and michichi-to me-is a nut not worth trying to crack so chase the seismic,I guess.
Cheers
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