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Bullboard - Stock Discussion Forum
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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Bullboard (GREY:TVETF)
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(99)
•••
Executer99
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Comment by
Executer99
on Oct 09, 2019 6:26pm
RE:Worst case scenario?
Not a chance...they have 5 million in land assets. Yes they hAve 6.8 million in debt They are a producer and have assets. The oil stocks are so beat up This is worth .05-.10 and will
...more
(0)
•••
Tim1234
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Post by
Tim1234
on Oct 09, 2019 5:33pm
Worst case scenario?
Ok sportsfans...lets play a game...what’s the worst case scenario here and what’s the best thing to do about it? Ok...I’ll start...”TVL delists never to be heard of again.” Is this possible? Please
...more
(57)
•••
Theconsortman
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Comment by
Theconsortman
on Oct 03, 2019 11:29am
RE:Translation?
Bank has extended the loan but can call it at any time with payment due within 1 day. Lender also involved with the strategic alternatives process. They have essentially taken control of the
...more
(0)
•••
Tim1234
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Post by
Tim1234
on Oct 02, 2019 5:24pm
Translation?
Anyone care to translate the latest Corporate Update?
(2)
•••
InvestLargeC
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Post by
InvestLargeC
on Sep 14, 2019 2:10pm
S.Arabia production cuy by 50% after drone attack
https://oilprice.com/Geopolitics/International/100-Oil-Drone-Strikes-Halt-Half-Of-Saudi-Crude-Production.html
(57)
•••
Theconsortman
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Comment by
Theconsortman
on Sep 10, 2019 12:42pm
RE:RE:RE:RE:RE:Best/worst/probable case scenario?
Partial term drilling leases and licences will sell for a discount. Big capital needed to drill Duvernay wells to retain land. Hard to buy land if unsure you have the Capital to retain (drilling
...more
(517)
•••
ufoolme
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Comment by
ufoolme
on Sep 10, 2019 11:40am
RE:RE:RE:RE:Best/worst/probable case scenario?
I don't believe they own the land to sell. They own the drilling rights. Farmland sells for $2500 per acre. Drilling rights are a whole other matter, and values depend on what
...more
(2)
•••
ValueCat
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Comment by
ValueCat
on Sep 10, 2019 10:54am
RE:RE:RE:Best/worst/probable case scenario?
If they could have sold the land for that price, would have been done already.
(99)
•••
Executer99
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Comment by
Executer99
on Sep 09, 2019 6:04pm
RE:RE:Best/worst/probable case scenario?
Alberta land acreage average sell price is $2500 per acre TVL has 200k acres. That's 5 million dollars. They will liquidate before anything. This is worth easy 5-10 cents
(2)
•••
ValueCat
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Comment by
ValueCat
on Sep 06, 2019 3:07pm
RE:Best/worst/probable case scenario?
Time expired and Patient on life support. banks have “kindly” refrained from pulling the plug- want to avoid the task of cleaning up the mess. mgt doing everything that can be done anyway thoughts
...more
(0)
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Tim1234
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Post by
Tim1234
on Sep 06, 2019 12:12am
Best/worst/probable case scenario?
Would appreciate a more educated view than mine on what the best/worst/probable case scenario for Traverse is. The one thing I have is patience. But does Traverse? Is there a clock ticking somewhere
...more
(2)
•••
ValueCat
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Comment by
ValueCat
on Aug 27, 2019 3:16pm
RE:RE:Q2?
Moot point now. just pray
(517)
•••
ufoolme
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Comment by
ufoolme
on Aug 27, 2019 2:56pm
RE:Q2?
Would expext them to be out this week.
(57)
•••
Theconsortman
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Post by
Theconsortman
on Aug 27, 2019 1:49pm
Q2?
Will Q2 be out soon?
(2)
•••
ValueCat
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Comment by
ValueCat
on Aug 19, 2019 2:43pm
RE:Here's hoping
tough environment to get anything done.
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