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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

Post by BigSchlickon Feb 07, 2024 11:09am
197 Views
Post# 35867459

Non core asset sales

Non core asset sales The non core asset sales that are currently pending may not allow tamarack as a company to buyback stock until they close. Between q4 free cash flow and the non core sales theres alot of monies coming in. It looks like the asset sales closing and buybacks will be somewhat simultaneous which will pack some torque. Factor that in with seasonal strength and you get a great chance of a  share price increase. Oil prices tend to trail gold by 18 months so if this trend continues we will be in the green. Check out the charts
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