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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 > API
View:
Post by BigJake on Sep 04, 2024 4:49pm

API

I know draws don't matter but it's 7.4 mbrls this week
Comment by wannabebuffet on Sep 04, 2024 5:54pm
Oil is a very high reinvestment industry. Needs a lot of money to replace wells. Oil is not going away. It is fertilizer, plastics, lubricants and much more. 80 barrels of oil to produce an electric car. EVs are small potatoes in the equasion. With high draws and low reinvestment the bite will occur at some point. How long that will be I don't know. But patience is a virtue. And I am patient ...more  
Comment by MLEWICKIMBA on Sep 04, 2024 7:42pm
Absolutely. Sustaining capital each production year is a big thing. It was awesome to see so many shares bought back last month.   When this turns around and it will TVE will be on its way to 5 bucks and beyond.
Tamarack Valley Energy Ltd