Tamarack Valley Energy – Page 3

Tamarack Valley Energy Looks to Drill 44 Extended Range Viking Horizontals

June 22, 2017

Tamarack Valley Energy’s (ticker: TVE) prominent producing areas are the Cardium, Viking, and Penny Barons oil plays—located in Alberta and Saskatchewan. Tamarack Valley reported an average production of 17,796 BOEPD during Q1, 2017—nearly twice the average production for Q1, 2016, which was 9,582 BOEPD. Key acquisition of the Viking assets In January, 2017, Tamarack Valley finalized the acquisition of Spur

Tamarack Valley Energy Reports Positive Earnings Following Transformational Acquisition

May 16, 2017

Tamarack Valley reports production growth and earnings of $2.3 million in the first quarter Calgary-based Tamarack Valley Energy (ticker: TVE) announced its first quarter results Monday reporting more production along with earnings of $2.3 million following its combination with Spur Resources in January. The acquisition increased the company’s oil-weighted production, causing funds flow netback per BOE to increase by 5%

Tamarack Valley Energy canada-flag-3 Oil & Gas 360

Tamarack Valley Cranks Up the Viking: 35 Wells Drilled in 2017 So Far

April 26, 2017

Tamarack Valley Energy’s accelerated development of its acquired Viking assets is already moving the needle—acquisition immediately added 6,250 BOEPD; TVE production 19,750 BOEPD exiting Q1 Tamarack Valley (ticker: TVE) released its fourth quarter and year-end results for 2016 on March 23, achieving a record quarterly production of 11.5 MBOEPD. The company also reported a 5% increase per fully diluted share

Tamarack Valley Energy Ltd. Announces 2016 Financial and Operating Results with Record Fourth Quarter 2016 Production and Board Appointment

March 23, 2017

Tamarack Valley Energy Ltd. (TSX:TVE) (“Tamarack” or the “Company“) is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2016, along with the appointment of Mr. Ian Currie to Tamarack’s Board of Directors. 2016 Financial and Operating Highlights Achieved record Q4/16 average production of 11,453 boe/d, up 6% from Q3/16 and up

The Right Acquisition Accelerated Tamarack Valley’s 2017-18 Plans

February 23, 2017

An Oil & Gas 360® exclusive interview with Tamarack Valley CEO Brian Schmidt For Calgary-based Tamarack Valley Energy (ticker: TVE), being patient during the downturn paid off in spades. “We paid very close attention to the downturn itself. We knew we had to be patient to find the right property. Our criteria were really quite specific: anything we bought had

Tamarack Valley Reports Record Production

January 18, 2017

Tamarack Valley production exceeds guidance in Q4’2016; targets 140-150 new wells in 2017 Alberta-based Tamarack Valley (ticker: TVE) announced its fourth quarter results as well as the company’s 2017 capital program. The company said that production exceed it previous guidance for the quarter, and that it plans to drill 140 to 150 net wells in 2017, the majority of which

Tamarack Valley Makes $408 Million Transformative Acquisition, Targets Production to Grow by 57%

November 2, 2016

Tamarack Valley expects production of 19.5 MBOEPD at its midpoint in 2017 after closing deal Tamarack Valley Energy (ticker: TVE) announced Wednesday that the company has entered into an agreement to acquire all of the issued and outstanding common shares of privately held, Calgary-based operator Spur Resources. With the addition of Spur’s Viking formation assets, Tamarack expects pro forma production

EnerCom Conference Presenter Focus: Tamarack Valley Energy

July 25, 2016

Tamarack Valley Energy drills two 2-mile Cardium laterals Calgary-based Tamarack Valley Energy (ticker: TVE) announced today that the company drilled its first 2-mile lateral Cardium oil wells at Wilson Creek in the second quarter, with on-budget capital costs and timing, according to a company press release. The two wells came on production late in the second quarter and are expected

Tamarack Valley Adds 1,900 BOEPD of Production, Increases Guidance

June 21, 2016

Tamarack Velley acquires Alberta assets for $85 million Tamarack Valley Energy (ticker: TVE) announced the acquisition of two assets in Alberta for total aggregate cash consideration of $85 million. The first acquisition is a strategic consolidation of assets located in Tamarack’s core operating areas of Redwater and Wilson Creek in Alberta. This acquisition adds significant infrastructure, including an 82% ownership

Free Cash Flow is the Plan in 2016 for Tamarack Valley Energy

April 20, 2016

Brian Schmidt has a plan. He believes the way to run an oil and gas company is to spend less and produce more. Schmidt, the company’s president and CEO, presented Tamarack Valley Energy’s (ticker: TVE; TamarackValley.ca) strategy in Denver at EnerCom’s The Oil & Gas Conference® 20 in 2015, and again at EnerCom San Francisco in March 2016, and he stuck to

Tamarack Valley Drives Down Costs on High Quality Assets

March 10, 2016

“This is a cost problem, not a commodity problem.” – Tamarack Valley CEO Brian Schmidt Tamarack Valley Energy (ticker: TVE, TamarackValley.ca) presented in EnerCom’s The Oil & Service Conference™ 14 yesterday at 11:30 a.m. PST. Tamarack Valley Energy is an oil and gas company involved in the identification, evaluation and operation of resource plays in the Western Canadian sedimentary basin. The company’s assets

Energy Investors, E&Ps, OilService Execs Heading to San Francisco for The Oil & Services Conference™ 14

March 1, 2016

What to Expect from EnerCom’s 14th The Oil & Services Conference™ EnerCom will host the 14th edition of The Oil & Services Conference™ 14 (TOSC 14) on March 9, 2016, at the Le Méridien San Francisco Hotel. The EnerCom San Francisco conference is a chance for institutional investors, energy research analysts, and oil and gas investors to listen to companies

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