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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 Bennys65on Dec 11, 2021 11:32am
164 Views
Post# 34221645

RE:Now my biggest holding

RE:Now my biggest holdingI agree with your thoughts on TVE If the market was paying for potential we woild be a lot higher right now.Still cant find out what going on with their Jarvie tuck in from Spur.They paid a nosebleeding 90000 per flowing barrel and i would like to know more.Spur last drilled on that property in  feb 2020 and with their huge land spread it has not been a priority for them.Like crestwhyn they are drilling the manville which may be an anologue to the clearwater in that area.When I last was able to ta;k to Steve,he is hard to get, and it was before the Spur deal ,he said Jarvie was looking better than the thought.2022 will be an iteresting year for us.I remember Grant saying when wcp was 40000 bpd that they needed to get to 100000 in order to be relevant.I dont know what TVE has planned but dont think we will be at 400000 at the end of next yesr.TVE wants to grow and as long as it remains cheaper to buy than to drill we will be looking to buy
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