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 > NAV/share C$0.14 (1P, Zero for land), Advisor for Duvernay

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Comment by ValueCaton Apr 11, 2019 4:08pm

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Post# 29615142

RE:RE:RE:NAV/share C$0.14 (1P, Zero for land), Advisor for Duvernay

Shouldn’t be. Even if credit line gets haircut, Lawrie isn’t going to let the thing go down the tubes.
but even a little capital injection at these prices would be painfully dilutive.

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