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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 MLEWICKIMBAon Aug 05, 2024 9:55am
154 Views
Post# 36164449

RE:RE:Overdone

RE:RE:Overdoneyes debt is always an issue.

but TVE has 7.5% interest costs now on 883M so its not miuch to manage as their CEO said.  He is more comfortable where the debt is as of June 30, 2024.

the firm is more resilient that is for sure.

but as we know the scared traders will be selling.

Oil seems to be holding let's hope this is it and tomorrow the markets are in the green.


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