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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... see more

GREY:TVETF - Post Discussion

Traverse Energy Ltd > Result?
View:
Post by Theconsortman on Jun 25, 2019 10:45am

Result?

Well we are almost 30 days since the bid deadline on the Duvernay rights.  Any bets?
Comment by ValueCat on Jun 25, 2019 12:34pm
best bet is no acceptable bids.
Comment by Theconsortman on Jun 25, 2019 6:07pm
I guess it depends on how bad the creditors want to reduce their exposure.
Comment by stockfy on Jul 11, 2019 1:30pm
Strong East Duvernay results from Vesta and Journey lately....
Comment by stockfy on Jul 11, 2019 1:32pm
Actually, 7 of the TOP-10  wells in Alberta in May were drilled by Vesta (5) and Journey (2). The big problem with Journey (JOY) is that it has very high debt.
Comment by stockfy on Jul 14, 2019 11:47am
Both Vesta and JOY drill next to TVL. I think we must have an update by the end of July.
Traverse Energy Ltd
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