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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 Bennys65on Mar 23, 2024 8:06am
235 Views
Post# 35948580

RE:RE:TVE Revenue Growth -- Cash Flow Increase

RE:RE:TVE Revenue Growth -- Cash Flow IncreaseThe knock on tve seems to be that our growth is stagnant as we focus spare cash on debt reduction and stronger balance sheet.Be that true or not given present prices we are going to hit our debt targets much more quickly.What has not been factored in is the proceeds from recent asset sales.One is done and two are aer pending.Steve gives a mention in the cc to this.Not sure why they are taking so long to approve.Was able to find out that our jv partner in west nipisi is woodcote.They have put together a large land package in all the good spots.Our results there have been strong and Steve has said tve has a very strong relationship with the company.First quarter results coming up should be a very good read
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