Tamarack Valley Energy Ltd.

TSX: TVE Tamarack Valley Energy Ltd. is pleased to announce its audited financial and operating results for the three months and year ended December 31, 2021. Selected financial and operating information is outlined below and should be read with Tamarack's audited annual consolidated financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2021, which are [...]

Investment conference will be an in-person format with presentations and panel discussions on April 6-7 in Dallas at the Petroleum Club EnerCom, Inc. announces participating companies for the EnerCom Dallas Energy Investment & ESG Conference on April 6-7, 2022. EnerCom Dallas is a financial conference that allows institutional investors an early 2022 opportunity to meet management teams from leading energy companies and [...]

TSX: TVE Tamarack Valley Energy Ltd. is pleased to announce that it has successfully closed the previously announced acquisition of Crestwynd Exploration Ltd. , a privately held pure play Clearwater oil producer. Tamarack acquired all of the issued and outstanding common shares of Crestwynd for total net consideration of 26.3 million common shares of Tamarack and $92 million in cash. Cash consideration for the transaction [...]

TSX: TVE Tamarack Valley Energy Ltd. is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0083 per share in accordance with the Company's dividend policy. The dividend will be payable on March 15, 2022, to shareholders of record at the close of business on February 28, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income [...]

Tamarack Valley Energy Ltd. announces that it has successfully closed the previously announced private placement offering of $200 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 . The Company intends to use the net proceeds of the Offering to fund a portion of the purchase price for Tamarack's previously announced acquisition of Crestwynd Exploration Ltd. and repay [...]

Tamarack Valley Energy Ltd. announces that it has entered into an underwriting agreement to sell, on a private placement basis, $200 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 . The Notes will be issued at par under a trust indenture and will be general unsecured obligations of Tamarack ranking pari passu with all of the Company's existing and future senior [...]

TSX: TVE Tamarack Valley Energy Ltd. is pleased to announce certain unaudited financial and operating results for the three months and year ended December 31, 2021 and the results of Tamarack's year end independent oil and gas reserves evaluation as of December 31, 2021 , prepared by Tamarack's independent qualified reserves evaluator, GLJ Ltd. . Selected reserves information is outlined below. The Company anticipates [...]

TSX: TVE Tamarack Valley Energy Ltd. announces that the Board of Directors has approved a 2022 capital budget, pro forma the acquisition of Crestwynd Exploration Ltd. , of $250 to $270 million, designed to achieve significant free funds flow, and generate annual production of 45,000 to 46,000 boe/d, enabling return of capital optionality and maintaining a strong balance sheet. "We are excited to roll out a strong 2022 [...]

TSX: TVE CALGARY, AB, Dec. 15, 2021 /CNW/ - Tamarack Valley Energy Ltd. is pleased to announce that it has entered into a definitive agreement to acquire Crestwynd Exploration Ltd. , a privately held pure play Clearwater oil producer, for total consideration of $184.7 million . The consideration consists of: $92.6 million in cash, subject to adjustment; and the issuance of 26,298,396 common shares of Tamarack at a deemed [...]

TORONTO, Dec. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021: S&P/TSX COMPOSITE INDEX - December 20, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Advantage Energy Ltd. Energy Oil & Gas Exploration & Production ADDED Baytex Energy Corp. Energy Oil & Gas Exploration [...]