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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Energy Oil & Gas E&P
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

Tamarack Valley Energy Ltd > Played out
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Comment by mylar1on Feb 25, 2021 8:42am
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Post# 32656149

RE:RE:RE:RE:RE:RE:Played out

RE:RE:RE:RE:RE:RE:Played outriski, the time period to pay off debt and buy back shares was intended to illustrate the FCF potential. Buying back all shares was never an expectation nor was paying off all debt. Remember too that as the price of oil rises above $60 (as Nutall used in his illustration) FCF rises too.
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