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

Add To Watchlist

GREY:TVETF - Post Discussion

Traverse Energy Ltd > Worst case scenario?

View:

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 educate this newbie here LOL.

164

Comment

Comment by Executer99 on Oct 09, 2019 6:26pm

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 recover

145

Comment

Comment by Theconsortman on Oct 09, 2019 10:52pm

My opinion is they will stay in this range and eventually another producer will take the assets and the debt. The land value erodes daily and many producers in the East Duvernay already have as much land as they can reasonable drill over the next few years. If more capital was floating around...

141

Comment