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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... see more

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Traverse Energy Ltd > Baytex and Raging River

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Post by Norquay1 on Jun 18, 2018 1:22pm

Baytex and Raging River

Not sure but I would think this should help Traverse in the long run, they have a significant land package in this Eastern Duvernay oil play, very quiet company not the best promoters but maybe they are waiting for the right time, I am accumulating when I can

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Comment by mike49 on Jun 18, 2018 9:17pm

If raging river really goes as hard in the duve as they say,and gets better over time,the land becomes attractive. right now,not so much.i think key to this package will be inplay's upcoming completion. That said,I don't think this team will ever raise the capital to try in the duve again. There is a decent c-suite here and I like the company but my math says no buy over .15 unless trading ...more

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Traverse Energy Ltd