Tamarack Valley Energy Ltd (TSX:TVE)

C$ 3.54 0.04 (1.14%) Market Cap: 1.96 Bil Enterprise Value: 2.16 Bil PE Ratio: 32.18 PB Ratio: 0.93 GF Score: 76/100

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Q1 2023 Tamarack Valley Energy Ltd Earnings Call Transcript

May 11, 2023 / 03:30PM GMT

Release Date Price: C$3.34 (-4.84%)

Transcript

Operator

Good morning. Welcome, everyone, to the Tamarack Valley Energy Ltd. conference call and webcast on Thursday, May 11, 2023, discussing the recent Q1 2023 results press release.

I would like to introduce today's speakers, Mr. Brian Schmidt, President and CEO; and Mr. Steve Buytels, Vice President, Finance and CFO. (Operator Instructions)

Mr. Schmidt, you may begin your conference.

Brian Leslie Schmidt

Tamarack Valley Energy Ltd. - President, CEO & Director

Good morning, and thank you, Paul, and I welcome everyone to the call to discuss our first quarter operating and financial results. I'm joined here this morning with Steve Buytels, VP Finance and CFO.

Q1 was an extremely active quarter at Tamarack. At our peak, we had 9 active drilling rigs during the quarter. Success of our field program was highlighted by our exploration successes at Seal, Nipisi and West Marten Hills. The first quarter of 2023 represented the first full quarter of Tamarack having Deltastream assets under our control with the assets now fully integrated.

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