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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 14, 2024 3:09pm
253 Views
Post# 35988333

You can't hide the money -- it's payable against

You can't hide the money -- it's payable against 1. Against debt, credit lines
2. Dispersed as a dividend
3. Used for buybacks 
4. Used to pay down accounts payable 
5. Used to pay off past drilling liabilities 
6. Pay for maintenance costs
7. Pay for new equipment purchases
8. Pay bonuses and allocate to wage or salary increases 
9. Other

The balance sheet will be better on May 8, 2024
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