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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 Jun 10, 2023 6:43am
482 Views
Post# 35489776

Clearwater Energy

Clearwater EnergyPetrogril reports a possible name change to focus on the recent drive to core up tve focus.The cardium which RBC reports is now on the block is a turnkey operation.We bought most of it from SU and it comes with infrastructure ,low decline and lots of fcf..There will be lots of interest but as usual it comes down to price.I go back to Brian talk on profitability and he said put a dollar in the ground you get back 1.75-2.25 in the cardium vs 7.00 in the clearwater.Selling the caardium is a no brainer given the inventory we have because of the delta buy.Steve mentioned several large packages will be sent to market.Cardium is one looking forward to see what is next.
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