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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 taxman26on May 04, 2022 2:21pm
253 Views
Post# 34655823

There is a race

There is a raceThere is going to be Mergers and acquisitions in the oil patch. Small Company CEOs have to eat or be eaten. If you want your 1 mill a year job you have to be the buyer or at least merge with equal. That is why TVE will try to grow, save their job. My hope/bet is that TVE get bought for the property. Now that oil is recognized as a strategic asset and not a baby-killer we can think longer term for fossil fuel. Expect M&A to pickup soon.
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