Tamarack Valley Energy Ltd (TSX:TVE)

C$ 4.43 0.01 (0.23%) Market Cap: 2.35 Bil Enterprise Value: 3.11 Bil PE Ratio: 11.66 PB Ratio: 1.08 GF Score: 77/100

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Tamarack Valley Energy Ltd Investor Webcast Transcript
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Tamarack Valley Energy Ltd Investor Webcast Transcript

Jan 13, 2022 / 04:00PM GMT

Release Date Price: C$4.6 (-0.65%)

Transcript

Operator

Good morning. Welcome, everyone, to the Tamarack Valley Energy Ltd. webcast on January 13, 2022. Discussing this morning's 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 Schmidt

Tamarack Valley Energy Ltd. - President & CEO

Good morning. I'm joined here today with Steve Buytels, VP, Finance and CFO. We are pleased to announce our 2022 corporate budget, along with our updated five-year plan and declaration of our inaugural dividend. We will continue to focus on building our commitment on delivering sustainable and responsible free funds flow growth.

Our 2022 program is designed to provide an optimal balance of investment across our asset base with Clearwater as our growth driver; free funds flow maximization of the quick payout, Charlie Lake; and decline mitigation across our waterflood portfolio in Veteran and Eyehill. We've also updated our five-year pro forma

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