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 10-15% production per share growth annually while building a strong inventory of well locations that offer quick paybacks on invested capital.

In 2019, we intend to continue executing our strategy by following our core principals:

• Achieve 10-15% production per share growth*
• 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

*Under a non-government production curtailment environment and assumes commodity pricing of US$55/bbl WTI and light oil differentials under US$6/bbl

As Tamarack continues to grow production per share,  we will continue to focus on increasing oil weighting and reducing cash costs to improve corporate netbacks.