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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 MLEWICKIMBAon Apr 23, 2024 10:27am
159 Views
Post# 36003156

RE:RE:Share Price Target -- THOUGHTS

RE:RE:Share Price Target -- THOUGHTSHello BigJake,

Many of the staff at NB are from Wellington West and they are energy investors.

Not sure about NB underwriting.

If TVE is anywhere near 900m cad debt the shares will go up to 4.50 like that.

The debt servicing costs will drop to 70m cad a year which can be paid with two weeks of sales.

That's why I'm BULLISH.

ML
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