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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 Mar 04, 2022 8:37am
188 Views
Post# 34482384

RE:Earnings Highlights

RE:Earnings HighlightsAfter tax we will get 403 mill of free cash flow Exited 2021 with 463 of net debt.Take out 40 mill for div andif the rest were to go to debt we end 2022 with 100 mill in debt.Close to debt free.Where it gets fun is what number wti are they using in their projections.If it is 80 wti then by year end those numbers with present strip will be much better.Looks really good
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