Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s): TNEYF

Energy Oil & Gas E&P

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.

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Tamarack Valley Energy Ltd

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Post by Betteryear2on Dec 15, 2023 6:34pm

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Post# 35787685

Declaration of Monthly Dividend T.TVE

CALGARY, AB, Dec. 15, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced Clearwater Infrastructure Limited Partnership (the "CIP") transaction, as outlined in the Company's December 13, 2023 press release.

The Board of Directors has also declared a monthly cash dividend on its common shares of C$0.0125 per share in accordance with the Company's dividend policy. The dividend will be payable on January 15, 2024, to shareholders of record at the close of business on December 29, 2023. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.

Tamarack Valley Energy Closes Previously Announced Clearwater Infrastructure Partnership Transaction and Announces Declaration of Monthly Dividend (newswire.ca)