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BRIEF-Traverse Energy says Q4 production averaged 605 BOE/day

March 15 Traverse Energy Ltd

* Traverse energy operations update and 2016 year end reserves

* Traverse energy ltd - traverse's production averaged 605 boe/day during q4 of 2016

* Traverse energy ltd - in 2016 traverse reduced its capital program in response to continuing weak commodity markets

* Traverse energy ltd - 2017 capital program is weighted towards second half of year

* Traverse energy ltd says board of directors has approved an initial exploration and development program for 2017 of $14 million

* Traverse energy ltd - initial exploration and development program for 2017 to be financed by cash flow, working capital and new equity issues or debt Source text for Eikon: Further company coverage:

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