Traverse Energy Ltd V.TVL

Primary Symbol: 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 > Translation?

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Comment by Theconsortmanon Oct 03, 2019 11:29am

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Post# 30192016

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 Company.

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