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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

Comment by UnderValuedon Dec 13, 2023 11:46pm
262 Views
Post# 35783683

RE:RE:RE:Clearwater Infrastructure Limited Partnership

RE:RE:RE:Clearwater Infrastructure Limited PartnershipThanks Sepelt, that does sound like a reasonable trade off. And this probably puts them one good quarter from hitting that $900 million dept level for returning 50% of free cash flow. With the share price under three bucks, they should be able to buy back a significant amount of stock that the market should notice. The market may hate TVE right now but they're still pumping the oil and bringing in the cash flow. That's why I've been buying the last couple of days. I still can't say if that was a good move but I guess I'll find out, lol!
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