Tamarack Valley was recognized
as a TSX Venture 50® company in 2014, 2013 and 2011.
TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.
- Tamarack Valley Energy Ltd. Announces 2014 Third Quarter Financial and Operating Results. Company on track to exit 2014 producing 9,500 boe/d
Tamarack Valley Energy Ltd. is pleased to announce that a successful drilling program in the Wilson Creek area contributed to estimated average production of 7,950 boe/d during the last week of October with additional behind pipe production capability of approximately 400 boe/d. Tamarack is on target to meet its revised exit rate of 9,500 boe/d (approximately 60% oil & natural gas liquids) and is forecasting Q4 2014 annualized net debt to cash flow to be 1.5 times.
- Tamarack Valley Energy Ltd. Announces a Record Current Production Rate, Increased Drilling Activity and Additions to Drilling Inventory
Tamarack Valley Energy Ltd. is pleased to announce an operational update with highlights including record current production rate of 7,400 boe/d, based on field estimates, excluding 550 boe/d of shut-in production associated with TransCanada Pipeline maintenance and third party plant turnarounds.
- Tamarack Valley Energy Ltd. Closes its Wilson Creek Acquisition
Tamarack Valley Energy Ltd. is pleased to announce that it has, through its wholly-owned subsidiary, successfully completed its previously announced acquisition of 100% of Suncor Energy's interests in the Wilson Creek area of Alberta for an aggregate purchase price of $168.5 million, prior to closing adjustments. The Acquisition is highly accretive to Tamarack and further bolsters the Company's strategic Cardium focused land position in the Wilson Creek area.
- Tamarack Valley Energy Ltd. 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 and bought deal private placement offering of common shares of the Company issued on a flow-through basis for aggregate gross proceeds of $125,163,000.
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