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Traverse Energy Ltd.

03:55 PM EST - Traverse Energy Ltd. : reported a net loss for the third quarter of $515,000 or $0.02 per share, compared to net income of $122,000 or $0.01 per share in the same quarter a year ago. Funds flow from operations for the third quarter of $31,000, down from $270,000 in the prior-year quarter. Quarterly revenue decreased to $120,000 from $384,000 in the previous year quarter. Traverse Energy Ltd. shares V.TVL are trading even at $0.48.