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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 May 21, 2024 6:34pm
277 Views
Post# 36050934

TVE BALANCE SHEET CLEANER AND CLEANER

TVE BALANCE SHEET CLEANER AND CLEANER1. TVE MANAGEMENT WILL USE Q2 2024 TO CLEAN ALL METRICS ON THEIR BALANCE SHEET.

ITS A CAPEX QUARTER AND BALANCE SHEET CLEANUP QUARTER.

THEY DID HAVE THE OUTAGE BUT CONTAINED IT.

MY GUESS IS THAT THEY WILL GO SUB 900M DEBT BY JULY OR AUGUST 2024.  WE WILL HERE ABOUT IT ON THE Q2 RELEASE.

WHAT I LIKE ABOUT TVE IS WE SAW SOME COLOR AS THEY WORKED HARD TO GET PRODUCTION BACK ON -- ABOUT 25 DAYS

4 BUCKS IS COMING.

ML
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