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BRIEF-Tamarack Valley Energy Ltd Announces Operational Update, Production Guidance Increase And Inclusion In TSX Composite Index

Published 2018-09-20, 08:58 a/m
BRIEF-Tamarack Valley Energy Ltd Announces Operational Update, Production Guidance Increase And Inclusion In TSX Composite Index
TVE
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Sept 20 (Reuters) - Tamarack Valley Energy Ltd TVE.TO :

* TAMARACK VALLEY ENERGY LTD. ANNOUNCES OPERATIONAL UPDATE, PRODUCTION GUIDANCE INCREASE AND INCLUSION IN TSX COMPOSITE INDEX

* TAMARACK VALLEY ENERGY LTD SEES ANNUAL PRODUCTION FROM TO 24,000 TO 24,500 BOE/D FOR 2018

* TAMARACK VALLEY ENERGY LTD - ANNUAL PRODUCTION GUIDANCE FOR 2018 HAS BEEN INCREASED TO 24,000 TO 24,500 BOE/D

* TAMARACK VALLEY ENERGY - 2018 CAPITAL BUDGET REMAINS UNCHANGED FROM PREVIOUS GUIDANCE AT $223 TO $233 MILLION

* TAMARACK VALLEY ENERGY LTD - EXPECTS Q3 2018 PRODUCTION TO AVERAGE APPROXIMATELY 24,700 BOE/D

* TAMARACK VALLEY ENERGY - Q4 EXIT PRODUCTION GUIDANCE INCREASED TO 24,500 TO 25,000 BOE/D

* TAMARACK VALLEY ENERGY LTD - 2018 CAPITAL BUDGET EXPECTED TO BE FULLY FUNDED FROM ADJUSTED OPERATING FIELD NETBACK

* TAMARACK VALLEY ENERGY LTD SEES 2019 ANNUAL AVERAGE PRODUCTION VOLUMES FROM 25,500 TO 26,500 BOE/D

* TAMARACK VALLEY ENERGY LTD SEES 2019 CAPITAL BUDGET OF $222 MILLION

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