Tamarack Valley Announces Year End Results and 2013 Guidance

Oil and Gas Investing

Tamarack Valley Energy Ltd. (TSXV:TVE) announced its 2012 fourth quarter Redwater Viking oil drilling results and an update on its 2012 exit production and 2013 guidance. The company averaged 2,160 boe/d, and exceeded the midpoint of its 2012 guidance.

Tamarack Valley Energy Ltd. (TSXV:TVE) announced its 2012 fourth quarter Redwater Viking oil drilling results and an update on its 2012 exit production and 2013 guidance. The company averaged 2,160 boe/d, and exceeded the midpoint of its 2012 guidance.

As quoted in the press release:

Tamarack achieved an exit rate of 2,704 boe/d (52% liquids), based on field estimates in mid-December, compared to 2012 exit guidance of 2,600-2,700 boe/d (51-53% liquids).

Click here to read the full Tamarack Valley Energy Ltd. (TSXV:TVE) press release.

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