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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 MustangMatton Sep 28, 2020 9:35am
286 Views
Post# 31628226

Tamarack the untold story

Tamarack the untold storyWhat is not talked about with TVE is there exposure to nat gas.   Nat Gas looks to be going to $3.  If I am management at Tamarack I would be tempted to lock in some $3 plus hedges on nat gas sales.   Add a "little" cap ex 10 - 15 million this fall,  put a rig to work this winter drilling a few gas heavy holes.  That is, if there are no more deals like the one they found in July of this year.  Cheers Matthew  
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