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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 MLEWICKIMBAon Feb 19, 2024 9:57am
237 Views
Post# 35887449

When TMX Flows

When TMX Flows 1. Probably 90m cad to TVE annually incrementally 

2. WTI March to August at 83 average with a 1 35 CAD means 70m cad to TVE.

More than enough for dividend and stock repurchase and that is just the incremental funds flow.

I expect 200m in debt gone in 2024 as well without asset sales of any kind.

With TMX -- TVE can also boost heavy oil Barrels 

Let's get to February 28, 204 as Q4 and EOY 2023 results and our dividend.

Happy weekend.


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