- Tamarack Valley Announces Closing of Strategic Acquisitions, New Credit Facility and Second Quarter Production
Tamarack Valley announces that it has closed the second of its two strategic asset acquisitions, the details of which were announced on June 20, 2016. This second acquisition strategically consolidates assets in Tamarack’s core operating areas of Redwater and Wilson Creek in Alberta and includes current production of 850 boe/d. Total aggregate cash consideration for the Redwater Acquisition was $25.8 million.
- Tamarack Valley Energy Closes Its Bought Deal Financings
Tamarack Valley Energy is pleased to announce that it has completed its previously announced bought deal public offering of subscription receipts of the Company including the underwriters' over-allotment option and bought deal public offering of common shares of the Company issued on a flow-through basis for aggregate gross proceeds of $81,605,983.
- Tamarack Valley Energy Reports Voting Results of Annual General Meeting of Shareholders
Tamarack Valley announces that at its annual general meeting of shareholders held on June 30, 2016, all six director nominees were elected.
- Tamarack Valley Energy Announces Strategic Acquisitions, $72 Million Bought Deal Financing and Increased 2016 Guidance
Tamarack Valley is pleased to announce that it has entered into binding agreements to undertake two strategic asset acquisitions, the total aggregate cash consideration for which will be $85 million, subject to certain closing adjustments. The Acquisitions will be partially funded with a $72 million bought deal equity financing.
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