Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s): TNEYF

Energy Oil & Gas E&P

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.

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Tamarack Valley Energy Ltd

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Post by smallcaptdron Sep 16, 2022 3:12pm

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Post# 34967731

US Total Rig Count Climbs "todays data"

Companies are still drilling for Crude and NG as prices stay strong and eventually will add to production increases. These increases in production cause demand tightness to weaken plus as global economies head into contraction Oil & NG prices will decline. Like I said if everything stays status-quo Oil prices will soften but there's the wildcard Russia and Saudi Arabia who are determined to force crude prices to climb to $100 through manipulation then energy stocks SP will increase but we still need to wait till this rumor turns fact.

IEA: Global Oil Production Rose By 790,000 Bpd In August | OilPrice.com

Offshore Drilling Rates Jump, Could Rise Further To $500,000 Per Day | OilPrice.com

US Crude Rig Count Climbs
Baker Hughes Crude Oil Rigs