Traverse Energy Ltd TVETF

Energy Oil & Gas E&P

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.

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Traverse Energy Ltd > and it continues

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Post by Theconsortmanon May 01, 2019 10:16am

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Post# 29694396

and it continues

Looks like the soft sell of the the duvernay rights  to preferred parties did not produce results and now they have enlisted Sayer to try to market them. Duvernay is expensive and not a lot of jingle in the pockets of the patch. I am shocked as to how much land they accumulated for such a small entity. Problem with swinging for the fence is you might miss. They are doing technical reviews of the dud well. I wonder if everyone has the balls to double down and drill another?

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