Strategy
Tamarack maintains a returns-focused strategy designed to target repeatable and relatively predictable plays that provide long-life reserves. Our team uses rigorous, proven modeling processes to manage risk and identify accretive opportunities. Our goal is to generate sustainable improvements to per share metrics while building a strong inventory of well locations that offer quick paybacks on invested capital.
In 2021, we intend to continue executing our strategy by following our core principals:
- Achieve improvements to per share metrics
- Maintain a healthy and conservative balance sheet
- Strategically execute a normal course issuer bid
- Enhance our existing low-cost core areas through tuck-in acquisitions
- Continually improve well design to enhance profitability
Successful Execution to An Intermediate Oil-Weighted Company
As Tamarack continues to focus on per share metric growth, we will continue to focus on improving our environmental performance and reducing cash costs to improve corporate netbacks.