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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 wannabebuffeton Mar 19, 2024 8:28pm
326 Views
Post# 35941908

Good Watch On Clearwater and the Delta Stream Acquisition

Good Watch On Clearwater and the Delta Stream AcquisitionGood watch on the Delta Stream acquistion and the value to TVE.

Enlightening to me is the Cardium disposition at 2.5 times cash flow because the money would be better placed in the CW and was more accretive to cash flow if used there.
That is a good business call.

Sale of the latest infrastucture was > 8 times cash flow.
Much more accretive than 2.5.
I like Brian and his team.

https://www.youtube.com/watch?v=dZ509Wv3Xzc&t=55s

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