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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

Comment by HighOctane89on Dec 08, 2022 8:32pm
320 Views
Post# 35160719

RE:RE:RE:Investors not liking the Capital Budget?

RE:RE:RE:Investors not liking the Capital Budget?
doggiestyle wrote: I'm not selling my Oil stocks (including TVE) but thinking of shorting crude (SCO) for a few days while this capitulates? 

I am scared to go short over the weekend though as this spring is coiled pretty tight.


Man I can't stress enough , shorting WTI here would be very high risk , I would be very concerned with that trade swinging in the wind at $72/b . Next Friday is triple witching where the Jan contract expires , keep that in mind . You can take a beating in minutes trading derivatives , especially with low liquidity .
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