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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Energy Oil & Gas E&P
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

Tamarack Valley Energy Ltd > TVE – WHAT WE KNOW and a FEW THINGS WE DO NOT KNOW
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Comment by mikeshon Jul 08, 2024 10:10pm
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Post# 36123799

RE:TVE – WHAT WE KNOW and a FEW THINGS WE DO NOT KNOW

RE:TVE – WHAT WE KNOW and a FEW THINGS WE DO NOT KNOW

Why do you think Q2 CAPEX is high?

'Now Q2 2024 is a typically high quarter for CAPEX -- $175M -- $200M CAD maybe. '

guidance is 390-440 MM, with Q1 being 128M.  If it is on the low end of your assumption, H1 is at 300M, and H2 will be 90-140M which sounds low.

Last year was 148/117/122/127 for the 4 quarters respectively.
 

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