Given a prior operational update provided by Tamarack at the end of July, the Company’s 2Q15 financial and operating results were consistent with our expectations for the period. The Company’s 2015e annual guidance remains unchanged from this prior update where a weakening commodity price picture prompted a reduction to annual capital spending to between $125-$130 mm, although left corresponding annual production at between 8,000-8,200 boe/d (55-60% oil and liquids).
14 Aug 2015
Tamarack Valley Reports 2Q15 Financial Results In Line with Expectations
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Tamarack Valley Reports 2Q15 Financial Results In Line with Expectations
Tamarack Valley Energy Ltd. (TVE:TSE) | 0 0 3.2% | Mkt Cap: 589.5m
- Published:
14 Aug 2015 -
Author:
Michael Hearn -
Pages:
7
Given a prior operational update provided by Tamarack at the end of July, the Company’s 2Q15 financial and operating results were consistent with our expectations for the period. The Company’s 2015e annual guidance remains unchanged from this prior update where a weakening commodity price picture prompted a reduction to annual capital spending to between $125-$130 mm, although left corresponding annual production at between 8,000-8,200 boe/d (55-60% oil and liquids).