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Tenaz Energy Corp T.TNZ

Alternate Symbol(s):  ATUUF

Tenaz Energy Corp. is a Canada-based energy company focused on the acquisition and sustainable development of international oil and gas assets. The Company has domestic operations in Canada along with offshore natural gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex Member of the Mannville Group at Leduc-Woodbend in central Alberta. The Netherlands natural gas assets are located in the Dutch sector of the North Sea. The Company also has an ownership interest in Noordgastransport B.V., which holds gas gathering and processing networks in the Dutch North Sea.


TSX:TNZ - Post by User

Comment by BERationaleon Mar 27, 2024 1:40pm
178 Views
Post# 35955990

RE:RE:Bizarrely quiet

RE:RE:Bizarrely quietThey have $45mm of working capital or $1.65 per share. They also generate run rate cash flow of $35mm which at 2x cash flow (which is on the low end of the market) equates to $70mm or $2.60 per share. Rather than cash flow you could also look at their 1P NPV which is $90mm or $3.35 a share. So fair market value is $4.25 - $5.00 per share without new deals. This also applies no value for their CCS projects or undeveloped offshore dutch fields. Results out today or tomorrow. GLTA   
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