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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 Jun 01, 2021 6:34pm
194 Views
Post# 33308008

Three mile laterals at charlie lake.

Three mile laterals at charlie lake.In tve presntation they have a chart showing type curves for the various wells types at charlie lake.They take as an ave type 8 with ip30 0f 482 bpd and a payout of .5 years.Type 10 the best has a ip30 of 721bpd and ,2 year payout.All type curves are based on 2 mile long laterals.In the news release tve is showing a ip30 of over 900bpd.This well had a three mile lateral.In the second half program at charlie lake two thirds of the wells to be drilled will be 3 mile laterals.Maybe this is what Josh was talking about when he said the wells were outperforming.Also we did some tuck ins to add more land.Brian said in a past cc that the tuck ins would allow tve to drill longer laterals.Stay tuned
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