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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.


TSX:TVE - Post by User

Bullboard Posts
Comment by Roberto8024on Jan 19, 2016 12:58pm
71 Views
Post# 24472646

RE:RE:RBC Notes

RE:RE:RBC NotesTVE is one of the few Co's amongst tge Jr's who are growing (ever so slightly) and have a healthy balance sheet. They also have decent Hedges in place for most of the year at $75 CDN WTI. No concerns holding this one. I would be really nervous holding BTE, POU, LTS, and this list is too long to keep going of these companies who are more than 5x Debt/CF at sub $40 oil with hedges soon to be coming off.
Bullboard Posts