Responsible, value-driven energy development
Tamarack is a Canadian oil and gas company with a long-term strategic focus on responsible, value-driven energy development. Our high-quality asset portfolio is comprised of oil plays in Alberta, including the Charlie Lake, Clearwater, Cardium and several enhanced oil recovery (EOR) opportunities.
The targeting of repeatable and predictable plays that provide high free funds flow generation potential with long-life reserves.
The application of our rigorous, proven modeling process to carefully manage risk and identify opportunities.
Operating as a responsible corporate citizen with a focus on environmental, social and governance commitments and goals.
Strategy in action
Low-cost production due to core area strategic infrastructure ownership
Strategic hedging program protects against volatility while providing upside to strengthening commodity prices
Ability to accelerate growth by retaining capital spending flexibility, depending on commodity prices
Attractive corporate declines ensure only moderate annual sustaining capital requirements
Maintain strong balance sheet and keep debt to cash flow under 1.5 times
Continued focus on operating cost reductions and capital efficiencies with further drilling in core areas
Show per share growth in production and reserves
Tamarack’s proven asset acquisition criteria includes:
A payout period of less than 1.5 years
The potential to double production
A purchase price significantly less than internal NAV estimate
An accretive profile, with cash flow per share being a vital metric
Our Leadership Team
The diverse and extensive experience contributed by the Tamarack team enables the Company to effectively pursue our goal of generating responsible, value-driven energy development.
Tamarack is a Calgary based oil and gas company with a long-term strategic focus on responsible, value-driven energy development. We are regularly looking to expand our team with committed, hard-working people.