CALGARY, AB, Sept. 27, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce the closing of the previously announced bought-deal financing (the “Financing“) of 33,334,000 common shares of Tamarack (“Common Shares“) at a price of $3.75 per Common Share for gross proceeds of approximately $125 million. In addition, the overallotment option was exercised in full by the underwriting syndicate adding 5,000,100 Common Shares and additional gross proceeds of approximately $19 million, for total gross proceeds of approximately $144 million.

The net proceeds from the Financing will be used … Continue Reading

/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./

TSX: TVE

CALGARY, AB, Sept. 22, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) announces that it has successfully closed the previously announced private placement offering (the “Private Placement“) of $100 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the “Notes“). The Company intends to use the net proceeds of the Private Placement to fund a portion of the purchase price for Tamarack’s … Continue Reading

TSX: TVE

CALGARY, AB, Sept. 15, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0100 per share in accordance with the Company’s dividend policy. The dividend will be payable on October 14, 2022, to shareholders of record at the close of business on September 30, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas … Continue Reading

/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./

TSX: TVE

CALGARY, AB, Sept. 12, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) announces that it has entered into an underwriting agreement to sell, on a private placement basis (the “Private Placement“), $100 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the “Notes“). The Notes will be issued at $940 per $1,000 principal amount thereof (plus accrued interest from and including May … Continue Reading

TSX: TVE  

/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./

CALGARY, AB, Sept. 12, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Deltastream Energy Corporation (“Deltastream“), a privately held pure-play Clearwater oil producer, for total net consideration of $1.425 billion, consisting of $825 million in cash, $300 million in the form of a deferred acquisition payment (“DAP”) and $300 million… Continue Reading

TSX: TVE       

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/

CALGARY, AB, Sept. 12, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and National Bank Financial Inc. (the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, for resale to the public, on a bought-deal basis, approximately 33 million common shares (“Common Shares“) of Tamarack at a price … Continue Reading

TSX: TVE

CALGARY, AB, Aug. 15, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0100 per share in accordance with the Company’s dividend policy. The dividend will be payable on September 15, 2022, to shareholders of record at the close of business on August 31, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas … Continue Reading

TSX: TVE

CALGARY, AB, July 28, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. Selected financial and operating information is outlined below and should be read with Tamarack’s consolidated financial statements and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2022, which are available on SEDAR at www.sedar.com and on Tamarack’s website at www.tamarackvalley.ca. The Company is also pleased to announce the disposition of non-core … Continue Reading

TSX: TVE

CALGARY, AB, July 15, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0100 per share in accordance with the Company’s dividend policy. The dividend will be payable on August 15, 2022, to shareholders of record at the close of business on July 29, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas … Continue Reading

TSX: TVE

CALGARY, AB, June 15, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0100 per share in accordance with the Company’s dividend policy. The dividend will be payable on July 15, 2022, to shareholders of record at the close of business on June 30, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas … Continue Reading

CALGARY, AB, June 10, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has successfully closed the previously announced acquisition (the “Acquisition“) of Rolling Hills Energy Ltd. (“Rolling Hills“), a privately held pure play Clearwater oil producer. Tamarack acquired all of the issued and outstanding common shares of Rolling Hills for total net consideration of 9.3 million common shares of Tamarack and $46.5 million in cash.

Tamarack has now successfully consolidated working interests and operatorship in the Southern Clearwater to 100%, as a result of the Acquisition. … Continue Reading

TSX: TVE

CALGARY, AB, May 17, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) 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 June 15, 2022, to shareholders of record at the close of business on May 31, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas … Continue Reading