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Tenaz Energy Corp T.TNZ

Alternate Symbol(s):  ATUUF

Tenaz Energy Corp. is a Canada-based energy company. The Company is focused on the acquisition and sustainable development of international oil and gas assets. The Company has domestic operations in Canada along with offshore natural gas assets in the Netherlands. The Company’s domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc-Woodbend in central Alberta. The Company's semi-conventional development project is located in the Leduc-Woodbend area of Alberta, Canada. This project targets the Rex zone within the Manville formation and has production of approximately 2,337 barrels of oil equivalent (boe) per day. The Netherlands gas assets are located in the Dutch sector of the North Sea. Tenaz also has an ownership interest in Noordgastransport B.V. (NGT), which holds gas gathering and processing networks in the Dutch North Sea.


TSX:TNZ - Post by User

Post by TheRexmemberon Jul 08, 2023 12:52pm
231 Views
Post# 35532163

Haywood put out a 4.50 target on closing of DNS acquisition

Haywood put out a 4.50 target on closing of DNS acquisition

Although the EV cash flow multiple they used is still very low. Slightly higher cash balance as well 72 million vs 65 millon so maybe another 6-7 million in free cash hit the balance sheet prior to start of LW drilling? 

Looking forward to that 100 million dollar acquisition that generates so much cash flow the company is back to being debt free in 1 or 2 quarters. 

happy to keep seeing the smaller non dilutive deals until then. 

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