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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

Comment by Seppelton May 08, 2024 7:17am
134 Views
Post# 36028337

RE:Any guesses on AFF tomorrow?

RE:Any guesses on AFF tomorrow?I am not expecting strong Q1 financial results because of low oil prices. Meg reported yesterday its AWB, which is similar to WCS, averaging $21 discount to WTI in Q1. Whitecap earlier reported its light sweet oil selling at a $8 discount in Q1.
Both, heavy and light oil discounts were a lot lower in April and since May 1st WCS Hardisty discounts stayed below $12, compared to about $19-$20 in Q1. Too bad there is this production outage, otherwise Q2 would be a great quarter. 
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