Tamarack Valley Energy结束战略性收购 年同比产量增长36%

Tamarack Valley Energy Ltd. (TSX:TVE) is pleased to announce that it has closed the second of its two strategic asset acquisitions, details for which were previously announced on June 20, 2016.

This second acquisition strategically consolidates assets located in Tamarack’s core operating areas of Redwater and Wilson Creek in Alberta and includes current production of 850 boe/d (71% light oil and NGLs) with a decline rate of approximately 20-22%, as well as 95 (60 net) total sections of land contiguous with Tamarack’s existing Viking and Cardium interests. The Redwater Acquisition adds significant infrastructure, including an 82% ownership in a central oil battery at Redwater which has capacity to handle 8,000 bbl/d of oil and 1.5 mmcf/d of natural gas, and is expected to further improve Tamarack’s industry-leading, low cost operations in both areas.

Total aggregate cash consideration for the Redwater Acquisition was $25.8 million and was financed with part of the proceeds from the $81.6 million bought deal equity financing that was led by National Bank Financial Inc. and included Dundee Securities Ltd., Macquarie Capital Markets Canada Ltd., CIBC World Markets Inc., FirstEnergy Capital Corp., Peters & Co. Limited, Desjardins Securities Inc., Acumen Capital Finance Partners Limited and AltaCorp Capital Inc., which closed on July 12, 2016.