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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 Apr 12, 2024 11:50pm
241 Views
Post# 35987185

WCS Prices

WCS PricesBNN -- $71.56 USD -- $98.75 CAD

Oilprice.com -- $71.32 USD -- $98.42 CAD

Oilsandsmagazine.com -- $73.25 USD -- $101.09 CAD


We will take any of those, right???

As mentioned earlier the break even for TVE is $37.00 USD BPDE which is $51.06 CAD.

You can see the margin right now is almost at record level yet WTI is less than $86.00 USD.

We do not need prices to go much higher as stated by CEO Brian Schmidt, Tamarack Valley Energy.

ML
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