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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 Bennys65on Oct 02, 2022 10:34am
540 Views
Post# 35000125

TVE deltastream

TVE deltastreamAs most of us  know the decesion to buy deltastream was made by our board not by Brian.Ian Currie ceo of spur is on our board and a very large shareholder of tve.Spur land and drilling is up against all of our land in marten hills and Nipisi.He knows the potential inside and out.Did having him there give us inside edge in the bidding process? Lets say it didnt hurt.I would like to see tve sell its cardium which we are keeping flat at around 8000 bpd and pour that money into more devellopement of these wonderfull assets.If they crunch the numbers and its makes sense,and we can make a better reurn on new production in the clearwater with quick payots vs milking the free cash flow from cardium,it will likely happen.We saw them do this with selling the sask viking assets just recently.Should bring 3-4 hundred million.Lots going on.
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