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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 Billybabin61on Dec 09, 2022 5:09pm
352 Views
Post# 35162807

RE:nuttall not dumping, ?????

RE:nuttall not dumping, ?????We will only find out after the fact when Nutall sells. His $100 call on oil was a complete bust. Totally self serving. Everytime he opens his mouth, everything is based on $100 oil, well how about $75 or $80 oil? TVE looks ok even  at lower prices from here based since they have basically stated that they can redeploy some capex hopefully to preserve the payout. As the biggest land owner in the Clearwater it appears they would have other options as well. With the oil price down it may also ignite some mergers/takeouts. Nutall needs to lay off the snake oil for a while till this turbulence clears, and be more foreright with the reality of the industry as it concerns demand destruction, obviously it is huge given what is happening contrary to what he has preached.
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