TVL Traverse Energy Ltd

Traverse Energy Ltd. (TSX VENTURE:TVL) ("Traverse") announces that it granted
stock options to its directors and officers to purchase 405,000 common shares
with an exercise price of $0.60 per share and an expiry date 5 years from the
date of grant. The options granted vest immediately upon grant. The total number
of options outstanding as of the date hereof is 4,430,000.


Traverse is a junior oil and natural gas exploration and production company in
Alberta. The common shares of Traverse are listed on the TSX Venture Exchange
under the trading symbol "TVL".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Traverse Energy Ltd.
Mr. Laurie Smith
President & CEO
403-264-9223


Traverse Energy Ltd.
Suite 780, 839 - 5th Avenue SW
Calgary, Alberta T2P 3C8

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