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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 Bennys65on Apr 16, 2021 6:28am
367 Views
Post# 33009291

polymer flood

polymer floodI must admitt I was suprised at intial TVE wells at Nipisi.Didnt think they would be that good.We expect to start waterflood at the end of 2021 which will add  more sucess to the primary results stopping declines and increasing recoverys.Just to the north of us is Pelican Lake operated by CNQ.This is a clearwater play that cve was once a part of.Their claim to fame is that they were the first to  be successfull at using polymer flooding in a heavy oil play.Initial well responce  increased production from 40 bpd to 700 and moved recoverable to over 20% more than double waterflood.All players now in the clearwater are starting waterflood.This quarter Spur the largest producer in the play will be starting a polymer flood in TVE back Yard.Any sucess here will be a game changer for the clearwater players.
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