CALGARY, ALBERTA--(Marketwired - Apr 14, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the year ended December 31, 2015. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2015 2014 2015 2014 Financial ($ thousands, except per share amounts) ...
CALGARY, ALBERTA--(Marketwired - Mar 16, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted the notice filed by the Corporation of its intention to make a normal course issuer bid through the facilities of the TSXV. Pursuant to the notice accepted by the TSXV, the Corporation may, during the period commencing March 22, 2016 and [...]
CALGARY, ALBERTA--(Marketwired - Mar 14, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents its 2015 year-end reserves. Traverse's independent reserve report was prepared by Sproule Associates Limited ("Sproule") in accordance with National Instrument 51-101 effective December 31, 2015. Highlights The Company's gross proved reserves increased from the prior year report by 35% from [...]
CALGARY, ALBERTA--(Marketwired - Nov 16, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the nine months ended September 30, 2015. Three months ended Sept. 30, Nine months ended Sept. 30, 2015 2014 2015 2014 Financial ($ thousands, except per share amounts) ...
CALGARY, ALBERTA--(Marketwired - Oct 29, 2015) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that it has successfully closed 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 Canadian development expenses within the meaning of the Income Tax [...]
Traverse Energy reports that due to the oversubscription of its previously announced non-brokered private placement, the Corporation is increasing the size of its private placement of common shares of the Corporation to be issued on a "flow through" basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) at $0.60 per Share (the "Private Placement"). The [...]
Traverse Energy intends to complete a non-brokered private placement of up to of 1,000,000 common shares of the Corporation to be issued on a "flow through" basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) at $0.60 per Share for total gross proceeds of $600,000. Completion of the Private Placement is subject to certain conditions including, but not [...]
CALGARY, ALBERTA--(Marketwired - Aug 24, 2015) - Traverse Energy Ltd. (the "Company") (TSX VENTURE:TVL) has placed on production another horizontal well in the Coyote area. This well was drilled in an Upper Mannville zone previously delineated by wells drilled in the deeper Coyote Ellerslie pool. The well was drilled to a total measured depth of 2,510 metres, including a 1,140 horizontal section and was fracture treated [...]
CALGARY, ALBERTA--(Marketwired - Aug 13, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the six months ended June 30, 2015. Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Financial ($ thousands, except per share amounts) ...
CALGARY, ALBERTA--(Marketwired - June 11, 2015) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces the sale of its royalty interest in the Brazeau area of Alberta for cash proceeds of $9 million. The royalty interest on 10 sections (6,400 acres) contains 22 producing horizontal Cardium oil wells and 1 Notikewin gas well at March 31, 2015. Traverse's interest during the first quarter of 2015 was 52 [...]
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2015. Three Months Ended Highlights (unaudited) March 31, 2015 December 31, 2014 ...
CALGARY, ALBERTA--(Marketwired - Apr 20, 2015) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it granted stock options to its directors and officers to purchase 1,750,000 common shares with an exercise price of $0.62 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 6,880,000 [...]