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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
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Post by 65F09Aon Feb 22, 2024 10:23am
237 Views
Post# 35893143

Chord buys Enerplus - Who gets PAID?

Chord buys Enerplus - Who gets PAID?This has been my biggest fear.  Zero or very small premium deals.  Shareholders get a single digit return, what about Mgmt?

Ian Dundas (CEO) will make around $1.75M on the shares he owns (deal premium).  The 'Change of Control' language in his Employment Contract will see him make nearly $50M.  Common shareholders get crumbs while Mgmt rides off into the sunset with plenty.

We should all be asking if Mgmt is truly alligned with us common shareholders.
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