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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 Sirlostaloton Jun 18, 2024 3:09pm
235 Views
Post# 36094553

Share price action

Share price actionI take my hat off to you fellows who are able to keep banging the TVE drum, I wish I had your optimism, don't think these guys have an oil price problem it's a management and priority problem , to be happy that they MAY be able to pay down 80M in debt over the course of 8 months when all commodity and fx metrics have exceeded their planning numbers makes me wonder where does all the money go . At 60k plus production per day and a $37 wti breakeven the only thing we know for certain is that they increased the debt last quarter. Always hoping for the big breakthrough but always seems just out of reach. Good luck to all 
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