Traverse Energy Announces 2010 Second Quarter Results

Traverse Energy Ltd.(TSXV:TVL) presented financial and operating results for the six months ended June 30, 2010.

The press release is quoted as saying:

All of the Company’s oil and gas properties are located in Alberta. Traverse purchased additional interests in the Turin area from partners during the second quarter for cash consideration of $320,000. Field activities were restricted due to spring breakup and extensive wet weather conditions in southern Alberta. No wells were drilled during the second quarter.

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