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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 dandu1924on Jul 27, 2024 9:39pm
195 Views
Post# 36151466

RE:Comments about BTE and TVE

RE:Comments about BTE and TVEThe buyout   usualy happen  with a positive balance sheet of the company, sorry BTE  their balance sheet is terrible, the debt does not going down and  all their  expectations are about  WTI at $78.50, so we are already under this , and the risk is very hign because the oil price can going down to $60  like a click of your fingers, so BTE= HIGH RISK, AND the proof of this, last friday BTE lost a moment in the day almost -9%  and closed  around  -7%. so, the market did not like the numbers of BTE  Q2., this is it.
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