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Bullboard - Stock Discussion Forum 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... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > Enhanced shareholder returns
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Post by Lizzzy on Aug 10, 2022 11:06am

Enhanced shareholder returns

At current oil prices, Net Debt should be under 400m by 3rd week of September. Then enhanced shareholder returns kick in!
Comment by Mr.Nugget on Aug 10, 2022 2:04pm
One would think so...... Brian has a different agenda. Prepare for a land purchase announcement. 
Comment by Lizzzy on Aug 10, 2022 2:28pm
I hope so. $90 oil is here to stay, I would gladly delay NCIB/Div for growth and production expansion.  But Eric N and the boys won't let that happen.  We'll have to settle for our 8% dividend next quarter, and climbing!
Comment by jjjorge35 on Aug 10, 2022 2:55pm
$55m of strategic land acquisitions in H2 already planned and announced. More than offset by the $70m received from viking asset sale. Net Debt will dive below $400m early September.
Tamarack Valley Energy Ltd
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