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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

Comment by mike49on Aug 26, 2018 11:41am
72 Views
Post# 28518729

RE:RE:RE:2nd quarter results.

RE:RE:RE:2nd quarter results.Inplay well is near tvl's buffalo lake holdings (twining).you are right-vesta is closer to tvl and artis further south.my point about ipo well is that,imo,if they have less than decent results,this play is best left to the big guys or those already deep into the learning curve.
I think they can recover but there is so much stuff for sale or in banko near all of their core areas and lawsuits and court decision pending on transfer of assets that what capital there is out there gets to pick and choose or just wait.not to mention wcs spread and low gas price for foreseeable future.
I did ok here in the past but it took patience so no illusions this time but I think mngt has too much invested here to fade away.
Let's see if they start buying again.
Good fortunes
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