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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 Rational43on Mar 10, 2021 9:53am
145 Views
Post# 32761703

RE:RE:RE:Another can

RE:RE:RE:Another canI agree with it being a time to buy, as I did this AM for the first time.  Chart looks good, and the fundamentals and attention of recent acquisitions will pay off.  Early in any commodity turnaround the market does not understand the upside leverage to an increase in prices, when prices move from near the cost of production to well above.

TVE is the second cheapest oil producer I can find.  

GXE is cheaper, but its a quarter the size, and usually in a bull run the money moves from Majors to intermediates to juniors.

With the bigs having run, it should be prime time for TVE, with GXE being a bit in the future.


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