Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jul 30, 2023 5:50am
409 Views
Post# 35563596

Debt reduction

Debt reductionNot too manyy ears ago our debt would not be a problem relative to peers.But the market view on that has changed.Good deal on the gas plant and royalty add ons.That plant was set up with second hand gear and sold half at very accreative price.When asked on the cc whichI  was not able to be on about progress  on cardium sale steve said we are in the middle of it with bids by mid to late august. Even without a sale,we wont accept a non accretive bid,debt target at strip late 23 early 24.With a lot of infrastructure spend in the first half mostly behind us they will be drilling more in the second half.West martn hills is now a big focus for us and hwx as the resuts speak for themselves.
<< Previous
Bullboard Posts
Next >>