Q: Hi Peter and Team,
For Tamarack Valley Energy, how much years of oil inventory that is proven and probable. I believe I hear Eric Nuttall said that the company has 30 years of oil inventory.
Also, the news mention 2000 identified locations in the Clearwater and 20 years of drilling. How much inventory in can add up to their current oil inventory and years for the company.
In advantage, thank you for taking the time to research and answering my questions.
Norwood
For Tamarack Valley Energy, how much years of oil inventory that is proven and probable. I believe I hear Eric Nuttall said that the company has 30 years of oil inventory.
Also, the news mention 2000 identified locations in the Clearwater and 20 years of drilling. How much inventory in can add up to their current oil inventory and years for the company.
In advantage, thank you for taking the time to research and answering my questions.
Norwood
5i Research Answer:
Proven plus probably reserves are close to 300M barrels. But production is in the 24M barrel...