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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 BigSchlickon Jul 14, 2024 12:17pm
299 Views
Post# 36132141

Tve now returning 60% of fcf to shareholders

Tve now returning 60% of fcf to shareholdersIt's 2nd half 2024 and tamarack is now returning 60% of free cash flow to shareholders as per the july presentation. With the waterflood investments coming to fruition and the transmountain pipeline fully operational tve is set up for world class profits on its liquids. The ace in the hole right now is the Charlie lake position they hold. Once the price of nat gas picks up tve will put the drill bit to work and these wells produce big big boe/day numbers. 
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