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.

Reduction in Cash Costs

Efficient Land Management