TVE – Tamarack Valley Energy Ltd

Not Compliant

Tamarack Valley Energy Ltd is not Shariah Compliant because it fails the financial ratios.

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 Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.

AAOIFI ✗

Debt ÷ Market cap (MC)44.05
Non-Compliant Assets ÷ MC0

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