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Tamarack Valley Energy Ltd (TVE.TO)

TVE.TO on Toronto Stock Exchange

4.54CAD
13 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Tamarack Valley Energy Announces 2018 Guidance And Q4 Results
Monday, 15 Jan 2018 07:00am EST 

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​.  Full Article

Tamarack Valley Energy reports Q3 FFO ‍$0.15​ per share
Wednesday, 8 Nov 2017 06:30am EST 

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​.  Full Article

Tamarack Valley Energy announces operational update, record Q4 production and Board appointment
Wednesday, 18 Jan 2017 06:15am EST 

Tamarack Valley Energy Ltd : Tamarack Valley Energy Ltd. announces operational update, record fourth quarter production and board appointment . Tamarack Valley Energy Ltd says company's previously announced 2017 guidance is reaffirmed . Tamarack Valley Energy - During quarter, Tamarack achieved production that averaged about 11,453 boe/d (55% liquids) based on December field estimates .Q4 volumes are 6% higher than previous quarter and 16% higher than 2015 Q4 rate.  Full Article

Tamarack Valley Energy Q2 FFO per share C$0.13
Thursday, 11 Aug 2016 04:00am EDT 

Tamarack Valley Energy Ltd : Tamarack Valley Energy Ltd announces 2016 second quarter results . Production in quarter averaged 9,536 boe/d (52% liquids), an increase of 36% over Q2 of 2015 . Qtrly total revenue $24.5 million versus $25.3 million . Tamarack will maintain target payouts of 1.5 years or better on its capital projects during second half of 2016 . For H2, targeting modest production growth, while continuing to keep capital spending below projected funds from operations . Re-affirming 2016 annual average production guidance of between 9,700-10,000 boe/d . Q2 FFO per share C$0.13 . Relative to Q1 of 2016, Tamarack was able to successfully maintain flat production levels .Production is expected to average 9,800 to 10,500 boe/d for second half of 2016.  Full Article