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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 BigSchlickon Apr 02, 2024 12:39am
309 Views
Post# 35964267

$Sale to Mancal Energy approved$

$Sale to Mancal Energy approved$The sale to Mancal Energy has been approved. Tamarack should fetch a pretty penny for the 797 wells. Maybe we get a press release in the morning and announce this sale and the 235 well point bar resources sale. All that's left now for approval is the 118 well sale to tuktu resources. Tamarack is melting away debt quickly. Debt melting factors include these non core sales, the extra $20 million in Capex spent in q4 2023 due to excellent drilling conditions, the price of wti and the narrowing wcs differential. 
Turn up the buybacks
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