Tamarack’s 2Q16 financial results featured production (pre-released) and capital spending in line with forecasts, with corresponding cash flow that was meaningfully ahead of expectations underpinned by corporate initiatives to reduce operating costs. As a result, the Company’s balance sheet was stronger than anticipated exiting the period, with net debt levels equivalent to a 0.9x run-rate cash flow, or 0.5x its recently reduced $120 mm credit facility (down from $165 mm prior). O
