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Tenth Avenue Petroleum Corp V.TPC

Tenth Avenue Petroleum Corp. is a Canada-based junior oil and gas exploration and production company with operations in Alberta. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. Its operations include Murray Lake, Vulcan, Swan Hills Unit#1, Hays, and Bow Island. Its Murray Lake is located 60 kilometers southwest of Medicine Hat. The Vulcan is located between the cities of Calgary and Lethbridge on Hwy 23. The Bow Island is located 100 kilometers West of Medicine Hat.


TSXV:TPC - Post by User

Post by Bigshortieon Sep 01, 2023 6:23am
173 Views
Post# 35615352

Tpc.v

Tpc.vwhat I like is that management is laser focused on spending money only where it should be spent, acquiring good assets and investing in them to increase production. nothing fancy, but over time tpc.v should be at 250, 500, 1000bopd. For a company valued at $6m cad, producing 200bopd on just a few assets is nothing to sneeze at. Key is raising money at a good price, the plight of modern oil and gas companies, however if oil price remains elevated, or even better goes >$100, that alone should lift share price in the near term.
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