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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 > We will drill 20 wells in Charlie Lake in 2023
View:
Post by swale13 on Dec 23, 2022 1:03pm

We will drill 20 wells in Charlie Lake in 2023

Initial Production between 450 - 1000 ish ... our cost in the high 20's ber barrel

that will get attention

Happy New Year !
Comment by Bennys65 on Dec 26, 2022 10:43am
Thats about a 25% increase over 2022 In their cc they said charlie lake was turning out better than projected resuting in more inventory.As a result they were looking at rasing production vs keeping it flat. Looks like they delievered.
Comment by wannabebuffet on Dec 26, 2022 2:39pm
In case anyone was wondering about the new word 'delievered' it is a combination of 'de-lever' meaning to: 'to reduce outstanding debt without incurring any new debt' and 'deliver' meaning to: 'produce the goods'. So TVE will reduce debt and deliver the goods in 2023. I like it.
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