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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 May 21, 2023 7:45am
409 Views
Post# 35458274

More clearwater

More clearwaterThanks Swale.When I listened to the presentation I went strait to Ian Dundas.Took some time and went back and listened to the Prairie Sky part and found this interesting.In putting a value on their clearater portion they said they were being conservative in that they were looking only at one clearwater horizon.I think that is the A sand.Most of the clearwater has two or three other horizons which will  take valuation from 6 wells per section to a much larger number and therefore higher valve.None of that is baked in.Using the baseball example Ian said we are at 6 or 7 ining and there are more developments to come.That will come from improved technology, fishbone example, and new discoverys.
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