After swiftly completing five takeovers, Tamarack Valley Energy Ltd. emerged in the third quarter as an independent natural gas and oil growth star in the Clearwater formation of Canada. The Calgary independent has paid about $1.1 billion for five deals across the Clearwater area, which is northeast of Alberta. The latest was in September, when…
Tamarack Valley Energy
Articles from Tamarack Valley Energy
Tamarack Adds Another Clearwater E&P to Canada Holdings with Deltastream
A 184-square-mile tract of Alberta production and drilling rights fetched C$1.4 billion ($1.1 billion) in a takeover announced Monday by Calgary-based Tamarack Valley Energy Ltd. The acquisitive exploration and production (E&P) company is buying Deltastream Energy Corp., to capture more Clearwater stakes. The formation northeast of the provincial capital in Edmonton is one of the…
September 13, 2022
Canada’s Tamarack Valley to Acquire Private E&P Crestwynd
A 155 square-mile package of northern Alberta oil production and drilling targets is changing hands in a C$184.7 million ($147.7 million) corporate takeover by Tamarack Valley Energy Ltd. announced Wednesday. Tamarack agreed to pay C$92.6 million ($74 million) in cash and trade 26.3 million shares valued at C$3.50/share ($2.80) for privately owned Crestwynd Exploration Ltd. …
December 21, 2021
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
