Traverse Energy Ltd.

CALGARY, Alberta, Nov. 15, 2017 -- Traverse Energy Ltd. presents financial and operating results for the three and nine months ended September 30, 2017. Three months ended Sept. 30, Nine months ended Sept. 30, Highlights 2017 2016 2017 2016 Financial Petroleum and natural gas revenue 2,173 1,788 7,814 5,392 Cash provided by operations 1,081 750 3,573 2,009 Funds from operations 769 440 3,357 1,319 Per share – basic [...]

CALGARY, Alberta, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Traverse Energy Ltd. (the “Corporation”) (TSX Venture:TVL) announces that it has closed the second and final tranche (the “Final Tranche”) of its previously announced non-brokered private placement (the “Private Placement”) of common shares of the Corporation (“Shares”) issued on a "flow through" basis eligible for the [...]

CALGARY, Alberta, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Traverse Energy Ltd. (the “Corporation”) (TSX Venture:TVL) is pleased to announce that it has successfully closed the first tranche of its previously announced non-brokered private placement (the “Private Placement”) of common shares of the Corporation (“Shares”) issued on a "flow through" basis eligible for the renunciation of [...]

Traverse Energy reports that due to the oversubscription of its previously announced non-brokered private placement, the Corporation is increasing the size of the Private Placement. The Corporation will now issue 11,826,000 million common shares on a “flow-through” basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) at $0.46 per Share for total gross [...]

Traverse Energy intends to complete a non-brokered private placement (the of up to 7,600,000 common shares of the Corporation to be issued on a "flow through" basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) at $0.46 per Share for total gross proceeds of approximately $3.5 million. Completion of the Private Placement is subject to certain conditions [...]

Traverse Energy is pleased to announce a new prospect area. The Company has accumulated 51,920 net acres (81 sections) of 100% land prospective for light oil in the Duvernay shale basin in central Alberta. Traverse expects to drill its first evaluation well early in the fourth quarter of 2017 in the Chigwell area. The 4,500 meter horizontal well is currently being licensed and a drilling rig has been secured. Traverse [...]

Traverse Energy presents financial and operating results for the three and six months ended June 30, 2017.

Traverse Energy Ltd. (the “Corporation”) (TSX Venture:TVL) announces that it granted stock options to its directors and officers to purchase 1,500,000 common shares with an exercise price of $0.36 per share and an expiry date 5 years from the date of grant. The options vest immediately upon grant. The total number of options outstanding as of the date hereof is 7,915,000. The Corporation is a junior oil and natural gas [...]

Traverse Energy announces that it has closed its previously announced private placement of common shares and warrants for gross proceeds of $2 million. The Shares and Warrants are subject to a hold period under applicable securities law until September 18, 2017. Pursuant to the Private Placement:

Traverse Energy presents financial and operating results for the three months ended March 31, 2017.