Tamarack Valley Energy Ltd (OTCPK:TNEYF)

$ 3.14 0.01 (0.32%) Market Cap: 1.64 Bil Enterprise Value: 2.18 Bil PE Ratio: 11.45 PB Ratio: 1.06 GF Score: 80/100

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Q2 2023 Tamarack Valley Energy Ltd Earnings Call Transcript

Jul 27, 2023 / 03:30PM GMT

Release Date Price: $2.62 (-5.42%)

Transcript

Operator

Good morning, and welcome, everybody, to the Tamarack Valley Energy Ltd. Conference Call and Webcast on Thursday, July 27, 2023, discussing the recent Q2 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 now will begin your conference.

Brian Leslie Schmidt

Tamarack Valley Energy Ltd. - President, CEO & Director

Good morning, and thank you, Daryl. I welcome everyone to the call to discuss our second quarter operating and financial highlights. I am here this morning with Steve Buytels, VP Finance and CFO. The second quarter remained focused on developing Tamarack's core areas by drilling 24 wells in the Clearwater and Charlie Lake, with well significantly outperforming expectations, plus adding strategic infrastructure that will drive lower operating costs and transportation costs, enhancing corporate free funds flow in the second half of 2023.

Tamarack's dominant

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