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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 Dec 07, 2022 3:05pm
363 Views
Post# 35157152

tve cc

tve ccCouple of things stood out for me.Next year we are not spending a lot on exploration on our new land.20 -25 million.With Delta there is no need to add new inventory.Still think we benefit from halo effect of results coming in from bte and hwx as well as ourselives.Big questions on the waterflood.as we are spending alot on it in 2023.Brian explained most waterfloods are in old fields were you inject water and it takes a year or more to get a response.In the clearwaterwe are getting a response in a month or two.Primary comes on at 300 declines to 200 and is now up to 500.This is off the charts.No waterflood results are baked into the five year plan.So as these come all on it is all gravy.
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