March 24 (Reuters) - Tamarack Valley Energy Ltd TVE.TO
* Tamarack valley energy ltd. Announces 2015 financial and
operating results with record production achieved in fourth
quarter 2015
* Tamarack valley energy ltd qtrly FFO per share $0.18
* Tamarack Valley Energy Ltd qtrly earnings per share $0.05
* Q4 2015 production average of 9,968 boe/d (61 pct
liquids), which is an increase of 14 pct from q3 of 2015
* Re-affirms its 2016 production guidance of averaging
between 8,700-9,700 boe/d
* Currently expects production in first half of 2016 to
average between 9,100-9,600 boe/d
* Full impact of operating cost reduction project is
expected to be realized in q2 of 2016
* In 2016, intends to continue improving capital
efficiencies,increasing netbacks through additional drilling,
cost cutting initiatives
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