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BRIEF-Tamarack Valley Energy 53 Pct Increase In Proved Developed Producing Reserves

Published 2018-03-06, 07:37 a/m
BRIEF-Tamarack Valley Energy 53 Pct Increase In Proved Developed Producing Reserves
TVE
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March 6 (Reuters) - Tamarack Valley Energy Ltd TVE.TO :

* TAMARACK VALLEY ENERGY LTD. ANNOUNCES RECORD 2017FINANCIAL ANDOPERATING RESULTS AND A 53% INCREASE IN PROVED DEVELOPEDPRODUCING RESERVES

* TAMARACK VALLEY ENERGY LTD - CORPORATE PRODUCTION IN Q4 OF22,807 BOE/D, UP 11% OVER Q3 OF 20,541 BOE/D

* TAMARACK VALLEY ENERGY LTD - ‍OIL AND NATURAL GAS LIQUIDSWEIGHTING WAS 62% IN Q4 COMPARED TO 55% IN SAME PERIOD OF 2016​

* TAMARACK VALLEY ENERGY LTD - QTRLY TOTAL AFFO PER SHARE$0.25 ‍​

* TAMARACK VALLEY ENERGY LTD - QTRLY TOTAL REVENUE $90.2MILLIONVERSUS $39.8 MILLION

* TAMARACK VALLEY ENERGY - SEES 2018 CAPEX RANGE OF $195MILLIONTO $205 MILLION

* TAMARACK VALLEY ENERGY LTD - ‍COMPANY REITERATES 2018GUIDANCE​

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