CALGARY, ALBERTA--(Marketwired - Mar 14, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the results of its independent reserve evaluation as of December 31, 2013, which include a 67% increase in proved plus probable reserves to 18.684 mmboe, a proved plus probable finding, development and acquisition cost of $23.94/boe and a recycle ratio of 1.65. The Company is [...]
CALGARY, ALBERTA--(Marketwired - Mar 14, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the results of its independent reserve evaluation as of December 31, 2013, which include a 67% increase in proved plus probable reserves to 18.684 mmboe, a proved plus probable finding, development and acquisition cost of $23.94/boe and a recycle ratio of 1.65. The Company is [...]
Tamarack is pleased to announce that it has closed its previously announced bought deal financing of 14,000,000 common shares at a price of $4.30 per common share for aggregate gross proceeds of $60,200,000. The syndicate of underwriters for the offering was led by Dundee Securities Ltd. and included Clarus Securities Inc., GMP Securities L.P., National Bank Financial Inc., Paradigm Capital Inc., Peters & Co. Limited [...]
Tamarack is pleased to announce that it has agreed with a syndicate of underwriters led by Dundee Securities Ltd., and including Clarus Securities Inc., GMP Securities L.P., National Bank Financial Inc., Paradigm Capital Inc., Peters & Co. Limited, AltaCorp Capital Inc. and RBC Capital Markets to increase the size of its previously announced bought deal financing of 7,000,000 common shares at a price of $4.30 to a size of [...]
Tamarack is pleased to announce that it has entered into a financing agreement with a syndicate of underwriters led by Dundee Securities Ltd. to issue and sell on a "bought deal" basis, 7,000,000 common shares of Tamarack at an issue price of $4.30 per Common Share resulting in gross proceeds of $30,100,000. Proceeds of the offering will be used to initially reduce bank indebtedness and thereafter to partially fund the [...]
CALGARY, ALBERTA--(Marketwired - Jan 28, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce that it has surpassed its 2013 average production and 2013 exit production guidance as a result of our continued success in the Cardium and Viking. Based on field production estimates for December 2013, the Company averaged 4,718 boe/d (approximately 62% liquids), exceeding [...]
CALGARY, ALBERTA--(Marketwired - Dec 18, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the following production and drilling update. Production Update Tamarack is pleased to announce that based on field production estimates for November 2013, the Company averaged 4,473 boe/d (approximately 59% liquids) exceeding its guidance exit production rate of 4,200 to [...]
CALGARY, ALBERTA--(Marketwired - Nov 15, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") filed its unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2013 ("Financial Statements") and management's discussion and analysis ("MD&A") on SEDAR. Selected financial and operational information is outlined below and should be read in [...]
CALGARY, ALBERTA--(Marketwired - Oct 17, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the following operational and drilling update. Production Update Tamarack is pleased to announce that based on its successful 2013 drilling program, it expects to meet its third quarter 2013 production target of 3,125 to 3,185 boe/d. The Company remains on target of achieving [...]
TORONTO, Oct. 11, 2013 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, October 21, 2013. S&P/TSX Preferred Share Index ADDITIONS Symbol Is...
The following press release corrects and replaces the version issued earlier today at 6:18 pm EST. The figure 0.0105 should have read 0.105 in the first sentence of the third paragraph. The corrected release follows: Sure Energy announces the successful completion of the previously announced acquisition by Tamarack Valley Energy of all of the outstanding shares of Sure Energy pursuant to a plan of arrangement (the [...]
Tamarack Valley is pleased to announce the successful completion of the previously announced acquisition by Tamarack of all of the outstanding shares of Sure Energy pursuant to the plan of arrangement. Pursuant to the Arrangement, the former holders of the common shares of Sure Energy received, in the aggregate, approximately 16,461,966 common shares of Tamarack. After giving effect to the Arrangement, Tamarack has [...]