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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Energy Oil & Gas E&P
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

Tamarack Valley Energy Ltd > This stinks
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Comment by Seppelton Dec 06, 2023 12:35pm
303 Views
Post# 35771252

RE:RE:RE:This stinks

RE:RE:RE:This stinks

You are wrong here, Mat... The $255 mil in Q3 was total cash flow. Free cash flow was half of that. Plus the average WTI was higher in Q3 than $75. 
I don't think it's a terrible guidance and would be willing to bet against the market. And I am willing to bet against the oil market pushing it below $70. 
But I am frustrated at regulators, and Canada in general, unable to complete the TMX project. The already delayed end of March 2024 will be probably shifted to end of Q2. It's ridiculous.

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