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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 Relaxrelaxon May 11, 2023 1:38am
234 Views
Post# 35442423

RE:RE:A bit of a miss

RE:RE:A bit of a missNope, you are correct.  Brutal!

Adjusted funds flow(1) of $157.3 million and free funds flow(1) of $9.1 million in the first quarter reflect the production impact of the unplanned third-party outages and a wider year-over-year WCS differential. Subsequent to the end of Q1 2023, the WCS differential has narrowed materially and current forward pricing indicates narrower WCS differentials through the balance of 2023. 
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