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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

Post by geezer21on May 05, 2022 1:50pm
158 Views
Post# 34659400

Oil and Gas Supply Deficit

Oil and Gas Supply Deficit

The oil and gas supply deficit is greater than what demand destruction can counter act.  Expect oil and gas prices to keep rising.

The available pool of oil to meet demand is declining with taking Russian oil off the market,  with oil production declining, with OPEC unable to achieve the increase in production they said would deliver over 6 months ago, and with Biden buying oil back to restock strategic reserves.

Hang on to your shares.
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