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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 Rational43on Mar 10, 2021 9:58am
201 Views
Post# 32761763

Catalysts

CatalystsBesides the catalysts and market attention Tamarack will get on the acquistions is an obvious catalyst.  
A less obvious catalyst are the asset writeups Tamarack will have, reversing the writedowns from 2020.  
That shows as non cash earnings, but also increases book value, and keeps the flow of positive news going.
TVE, GXE, and many of the others will have this benefit for a few quarters this year, unless they wait till year end to revalue.  
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