July 29 (Reuters) - Tamarack Valley Energy Ltd TVE.V :
* Announces second quarter 2015 production and reduces 2015 capital budget
while maintaining average daily production guidance
* Says still expects to average its previously announced guidance of 8,000 to
8,200 boe/d in 2015
* Says tamarack's average daily production of 6,992 boe/d (60% oil & ngl's)
during the second quarter of 2015 represents a 34% increase
* Says 2015 exit production rate reduced to between 9,200-9,500 boe/d from
10,000 boe/d
* Current production based on field estimates is approximately 8,525 boe/d (58%
oil & ngl's)
* Says decrease in its FY capital expenditure budget to between $125 and $130
million from $130 to $140 million
* Source text for Eikon ID:nCCN6sWLtz
* Further company coverage TVE.V