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 > Biggest hurdles

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Post by Lizzzyon Nov 04, 2022 1:25pm

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Post# 35073738

Biggest hurdles

One of the biggest issues right now is the WTI-WCS spread, currently at $26 US ($35 CDN). You will read many companies projecting a $12.50 spread in 2023 forecasts! (e.g. ATH).

Is it blind optimism? Or will the end of the SPR release and the end of the refinery maintanence season close this gap??

Feels like we are leaving a lot of cash on the table until this gap is closed.

Cheers everyone

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