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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jan 06, 2024 8:42am
375 Views
Post# 35813629

TVE conversation

TVE conversationSpoke to a freind with a large position in tve.Told him how curious I was about what we have bought from CNRL.He was shocked.Brian said going forward they would not buy anything more in the lunch and learn because of our deep inventory.Told him the CNRL deal was done before he made that comment.Well he said I thought we were reducing debt how does spending money on new assets help that? I explained there are two deals done with pointbreak and Mancal where we have sold over 1000 wells tons of pipe and facilities which will allow us to buy those assets, which must be of strategic importance, and stay on the debt reduction timeline.Besides which there is a ton of aro liabilities which go with it meaning no future cash drain for that.Sounds like a whole bunch of slight of hand mumble jumble to me and he sold his stock next day.Just goes to show in the market what is good news to me is bad to someone else.
<< Previous
Bullboard Posts
Next >>