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Bullboard - Stock Discussion Forum 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... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > TVE is a 50,000 barrel/day company
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Post by BigSchlick on Jul 07, 2022 1:54pm

TVE is a 50,000 barrel/day company

Tamaracks June presentation states that they will average 46,200 to 47,200 barrels/day in 2022. TVE produced 41,335 barrels/day in the 1st quarter. 47,200x 4 = 188,800 barrels total in 2022 188,800-41,335= 147,465 Therefore tamarack will produce roughly 147,465 barrels over the remaining 3 quarters. 147,4653= 49,155 TVE will average 49,155 barrels/day over 2nd 3rd and 4th quarters in order to reach a 2022 average of 47,200 barrels/day Considering the Rolling Hills acquisition, 2nd half of 2022 drilling in Peavine, aggressive drilling in clearwater and a very conservative forecasting management, I peg TVE as a company that pumps 50,000 barrels/day over the 3rd and 4th quarters of 2022. GLTA
Comment by egee on Jul 07, 2022 2:01pm
And then has to sell it at the ridiculous price thru hedging,  they do take advantage of calls and putts, me like and can't wait for the $$$
Comment by Oasisjunior on Jul 07, 2022 2:04pm
TVE is the largest holding in my portfolio,,,, I am holding long and this will bring a wall of money,,, it is going to a great retirement...
Comment by egee on Jul 07, 2022 2:26pm
My life is in TVE.   CANT WAIT for the money inflow, life changing