TSX: TVE Tamarack Valley Energy is pleased to announce that our bank syndicated credit facility has been redetermined at $275 million, of which the company was drawn approximately $209 million as of June 18th, 2020. The Company has ample liquidity for the remainder of 2020 and expects to generate free adjusted funds flow1 over and above planned capital expenditures with a forecasted net debt to trailing annual adjusted [...]
Tamarack Valley Energy announces that at the annual general and special meeting of shareholders held on May 13, 2020 , the following individuals, being the seven nominees listed in the management information circular of the Company dated April 13, 2020 , were elected by way of ballot as directors of Tamarack to hold office until the next annual meeting of shareholders or until their successors are duly elected or [...]
Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three months ended March 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2020 and related management's discussion and analysis which are available on [...]
Tamarack Valley Energy Ltd. is pleased to announce the appointment of Ms. Marnie Smith to the Company's Board of Directors effective April 3, 2020. In addition, the Company provides information regarding its upcoming annual general and special meeting of shareholders in response to public health and safety advisories regarding COVID-19. Board of Directors Appointment Tamarack is pleased to announce the appointment of Ms [...]
Tamarack Valley Energy Ltd. today announces proactive revisions to its 2020 capital budget and associated guidance in response to events impacting the global oil and gas industry. Tamarack remains committed to enhancing its long-term sustainability and to executing a measured capital program that is fully funded with internally generated adjusted funds flow , while ensuring that the Company is well positioned for 2021 [...]
Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three months and year ended December 31, 2019 and the results of its independent oil and gas reserves evaluation as of December 31, 2019, prepared by GLJ Petroleum Consultants Ltd. . Selected financial, operational and reserves information is outlined below and should be read with Tamarack's audited consolidated financial [...]
Tamarack Valley Energy Ltd. is pleased to confirm its 2020 capital budget, announce its associated 2020 guidance and provide an operational update on the continued success of its Veteran waterflood project. Incorporating December field estimates, Tamarack's 2019 average production volumes were within the annual guidance range of 23,500 to 24,500 boe/d. In addition, the Company exited the year with an oil and natural gas [...]
Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2019 and related management's discussion and analysis [...]
Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three and six months ended June 30, 2019. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2019 and related management's discussion and analysis which are [...]
70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference EnerCom has released the presentation schedule of oil and gas companies presenting on day two of its 24th annual The Oil & Gas Conference® which runs Aug. 11-14, 2019, in Denver, Colorado. Presenting Companies at the 2019 EnerCom Conference on Day Two, Aug. 13, 2019 The second day of the [...]
TSX: TVE Tamarack Valley Energy Ltd. is pleased to announce its financial and operating results for the three months ended March 31, 2019. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2019 and related management's discussion and analysis which are [...]