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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 Oldgreyguyon Oct 26, 2023 11:14am
197 Views
Post# 35702153

RE:25% of cardium sale going to share buybacks

RE:25% of cardium sale going to share buybacksI don't think so.  The wording on extra dividends/buybacks reads based on previous quarter.  As such I believe buybacks will begin Q1 2024 after debt targets are achieved during Q4.  The exciting part of this is how quickly they could get debt below $900 and bump shareholder share to 50%.  I imagine this will be clarified in the conference call.
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