March 6 (Reuters) - Tamarack Valley Energy Ltd ::TAMARACK VALLEY ENERGY LTD. ANNOUNCES RECORD 2017 FINANCIAL AND OPERATING RESULTS AND A 53% INCREASE IN PROVED DEVELOPED PRODUCING RESERVES.TAMARACK VALLEY ENERGY LTD - CORPORATE PRODUCTION IN Q4 OF 22,807 BOE/D, UP 11% OVER Q3 OF 20,541 BOE/D.TAMARACK VALLEY ENERGY LTD - OIL AND NATURAL GAS LIQUIDS WEIGHTING WAS 62% IN Q4 COMPARED TO 55% IN SAME PERIOD OF 2016.TAMARACK VALLEY ENERGY LTD - QTRLY TOTAL AFFO PER SHARE $0.25 .TAMARACK VALLEY ENERGY LTD - QTRLY TOTAL REVENUE $90.2 MILLION VERSUS $39.8 MILLION.TAMARACK VALLEY ENERGY - SEES 2018 CAPEX RANGE OF $195 MILLION TO $205 MILLION.TAMARACK VALLEY ENERGY LTD - COMPANY REITERATES 2018 GUIDANCE.
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Jan 15 (Reuters) - Tamarack Valley Energy Ltd ::TAMARACK VALLEY ENERGY LTD. ANNOUNCES 2018 GUIDANCE, OPERATIONAL UPDATE AND RECORD FOURTH QUARTER 2017 PRODUCTION.TAMARACK VALLEY ENERGY - ESTIMATES Q4/17 PRODUCTION AVERAGED OVER 22,600 BOE/D WITH AN OIL AND LIQUIDS WEIGHTING OF 62%.TAMARACK VALLEY ENERGY LTD - 2018 CAPITAL BUDGET IS SET BETWEEN $195 AND $205 MILLION.TAMARACK VALLEY ENERGY LTD - SEES 2018 ANNUAL AVERAGE PRODUCTION BETWEEN 22,500 - 23,500 BOE/D.TAMARACK VALLEY ENERGY LTD - DURING Q1 OF 2018, CO EXPECTS TO HAVE FOUR TO FIVE RIGS IN OPERATION.TAMARACK VALLEY ENERGY LTD - "MEANINGFUL" INCREASE IN OIL WEIGHTING IS EXPECTED TO CONTINUE THROUGH 2018.
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Nov 8 (Reuters) - Tamarack Valley Energy Ltd :Tamarack Valley Energy Ltd. announces record 2017 third quarter results and increased 2017 capital.Tamarack Valley Energy Ltd - corporate production in Q3 of 20,541 boe/d, up 6% over Q2 2017 and more than 90% over Q3 2016.Tamarack Valley Energy Ltd - intends to accelerate $10-15 million of Q1 2018 capital into company's Q4 2017 program.Tamarack Valley Energy Ltd - accelerated Q4 capital will result in an increased full year 2017 capital program of $195-198 million.Tamarack Valley Energy Ltd qtrly FFO $0.15 per share.Tamarack Valley Energy Ltd qtrly total revenue $63.9 million versus $31.6 million.Tamarack Valley Energy Ltd - commenced mid-year lending review, management expects bank line increase to $290 million from $265 million by December 31, 2017.Tamarack Valley Energy Ltd - anticipates full year 2017 production will average near upper end of annual guidance range of 19,000 to 20,000 boe/d.Tamarack Valley Energy Ltd - initial forecasts anticipate an "active" Q1 2018 drilling program with spending of $65-75 million in quarter.
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Aug 10 (Reuters) - Tamarack Valley Energy Ltd :Tamarack Valley Energy Ltd. announces record 2017 second quarter results, continued operational success and increased 2017 exit production guidance.Says achieved record corporate production in Q2/17 of 19,336 boe/d, up 9% over Q1/17 and more than doubled Q2/16.Qtrly ffo $0.15.By end 2017, anticipate net debt to q4 annualized funds flow (including hedges) to be below 1.0 times.Tamarack Valley Energy Ltd - for FY17 ,has increased its exit production guidance to approximately 22,000 boe/d (57-62% oil and ngls).
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May 15 (Reuters) - Tamarack Valley Energy Ltd ::Tamarack Valley Energy Ltd announces 2017 first quarter results.Achieved Q1/17 average production of 17,796 boe/d, up 55% over Q4/16 and up 86% from Q1/16.Qtrly funds from operations per share $0.15.Has begun to adjust capital spending to bottom end of its 2017 guidance range of $165 to $175 million.Tamarack's 2017 annual average production guidance remains unchanged at 19,000 to 20,000 boe/d.Company expects Q2 production to average between 18,000 and 18,500 boe/d.
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Tamarack Valley Energy Ltd : Tamarack Valley Energy Ltd announces 2016 financial and operating results with record fourth quarter 2016 production and board appointment . Tamarack Valley Energy Ltd says Q4 2016 average production of 11,453 boe/d, up 6pct from q3 2016 and up 15pct over Q4 2015 . Remains on target to meet its average first half production guidance range of 18,500 to 19,000 boe/d . Tamarack Valley Energy Ltd qtrly FFO per share $0.15 .Appointment of Ian Currie to its board of directors.
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Tamarack Valley Energy Ltd : Tamarack Valley Energy Ltd. announces a 43 pct increase in proved developed producing reserves and an operational update . Tamarack Valley Energy - PDP reserves increased by 43 pct on an absolute basis and by 5 pct per fully diluted share for 2016 .Tamarack Valley Energy - remains on target to meet its first half production guidance range of 18,500 to 19,000 boe/d.
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Tamarack Valley Energy Ltd : Tamarack Valley Energy Ltd-its extendible revolving credit facilities were amended to increase borrowing base to $220 million from $120 million .Tamarack Valley Energy Ltd announces closing of Spur Resources Ltd acquisition and increase in borrowing base to $220 million.
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Tamarack Valley Energy Ltd : Production for quarter averaged 10,790 boe/d (55% liquids), an increase of 13% over previous quarter . Qtrly total revenue $31.6 million versus $27.8 million . Qtrly funds from operations per share $0.12 .Tamarack valley energy ltd. Announces 2016 third quarter results.
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Tamarack Valley Energy Ltd : Average production for q3 of 2016 increased by 13 pct to 10,790 boe/d from 9,536 boe/d in q2 of 2016 . Q3 volumes were positively impacted by a combined 2,046 boe/d attributable to penny and redwater acquisitions . Q3 funds from operations $0.12 per share . Qtrly total revenue $31.6 million versus $27.8 million . Qtrly loss per share $0.02 . Q3 earnings per share view c$-0.02 -- Thomson Reuters I/B/E/S . Q3 revenue view c$31.8 million -- Thomson Reuters I/B/E/S .Tamarack valley energy ltd. Announces 2016 third quarter results.
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