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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 smallcaptdron Nov 22, 2022 10:02am
225 Views
Post# 35118445

Time to rebuild SP

Time to rebuild SPOil is up today and has no signs of heading back to $75+ but the US has thrown us some serious sell-offs over the last 7 trading days being in the red a lot longer than anyone was prepared for but today is a welcome sight to investors. It would be great to have the US rally Oil today even up to $83 would put us a little farther away from the $70+ but don't think that we are out of the woods just yet we still have tomorrow to deal with and Oil Inventories will be closely watched to see if OPEC cuts have had any influence keeping Oil demand tighter so we need to see Oil Inventories come in with a higher draw than -5.83Mil which is a leap and is going to be hard to beat and I'm thinking that it will come in with a number closer towards surplus and that could see Oil sold-off. Plus tomorrow US at 8:30 Durable Goods Order with Jobless Claims at 10am New Home Sales at 10:30am EIA Crude Stock will be the last trading day for the US because of Thur Holiday and Friday is a half day in the US from what I understand. The US should push Oil higher today. GLTA
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