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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 Feb 19, 2022 12:27pm
313 Views
Post# 34444943

RE:RE:Pathetic Energy Stock Investment

RE:RE:Pathetic Energy Stock InvestmentJust finished listening to renmark presentation When asked about MA said there was no need to be as active as last year and added there was one other operator in southern clearwater which could be a possible tuck in.That is most likely Rolling Hills with 3000 plus bpd of clearwater production.I would guess we are buyers if the price is right.So looking ahead we have debt reduction share buybacks or quarterly special divs dependant on share price.So for some it might be hard to get excited about that.Not me About 8 to 10 years ago I was and still am a big fan of George Fink and Bonterra.George. had a simple business model.Keep share float low, grow at 5%keeping declines in check, give back 50 to 55 percent of funds to share holders.Nobody else was using this model.At its peak the shares were yielding 5% at 65 dollars with a production base of 13000 bpd.Bonterra got caught offside buying production from enerplus and wouldnt issue equity  at 45 and took on debt and the rest is history.Today BNE about the same share count and production and asset base without a div and the stock is 9.00.My point is simple Tve and others are going to follow Georges business plan.That means going forward TVE buyers will be the div crowd who buy us because they will get a faster growing div here than in the rest of the market.Nuttall and the people he listens to think we are in a 100 dollar world until 2025.If he is right TVE like bonterra did will milk their assets increase returns to shareholders and the stock price  will follow the div The big difference between BNE and TVE is the assets.BNE cardium is good.TVE clearwater charlie lake is oustanding.I bought stock on fri.
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