TSX: TVE
CALGARY, AB, Jan. 11, 2021 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) announces that the Board of Directors (the “Board“) has approved a 2021 capital budget of $105 to $110 million, designed to grow corporate oil production by approximately 30% on an exit-over-exit basis, generate significant free adjusted funds flow and maintain a strong balance sheet with a debt to trailing annual adjusted funds flow of less than 1.5 times. While 2020 was a challenging year on many fronts, Tamarack’s financial discipline and operational strength enabled the Company to capture additional … Continue Reading