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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 May 05, 2019 8:54pm
85 Views
Post# 29713020

RE:and it continues

RE:and it continuesSayer was hired in march. Closing for bids is around when bank line determination is due.
Everyone will want to lowball, of course,but there are some decent neighbors to bite.they might not want the whole blocks tho but if price is right....
Hard to know if the team is dejected or willing to give 'er another try.
The boss still buying stock...
sell some and jv on another?
steep learning curve for anyone in the duve. Depends if chigwell was bad ground or bad completion.
technical review might be as simple as that and blame the red face on too much sun.
I suspect problems from the get go there.
Infrastructure and high llr with the chigwell property so I expect going to garner the most interest.
onward
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