Tamarack Valley Energy Ltd (TSX:TVE)

C$ 3.9 -0.09 (-2.26%) Market Cap: 2.12 Bil Enterprise Value: 2.33 Bil PE Ratio: 16.53 PB Ratio: 0.96 GF Score: 75/100

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Q2 2024 Tamarack Valley Energy Ltd Earnings Call Transcript

Aug 01, 2024 / 03:30PM GMT

Release Date Price: C$3.95 (-3.66%)

Transcript

Operator

Good morning. Welcome, everyone, to the Tamarack Valley Energy Limited conference call and webcast on Thursday, August 1, 2024, discussing the recent Q2 2024 results press release. I would like to introduce today's speakers, Mr. Brian Schmidt, President and CEO; and Mr. Steve Buytels, Chief Financial Officer. (Operator Instructions)

Mr. Schmidt, you may begin your conference.

Brian Schmidt

Tamarack Valley Energy Ltd - President, Chief Executive Officer, Director

Good morning, and thank you, John. Welcome, everyone, to the call to discuss our second-quarter operating and financial results. My name is Brian Schmidt, President and CEO. I'm joined this morning by Steve Buytels, our CFO.

The second quarter of 2024 was truly outstanding for Tamarack and was highlighted by outperformance on our production volumes that averaged 64,143 BOE per day. This was driven by success of Tamarack Operations team in recovering volumes from the previously announced third-party Nipisi outage and ongoing development success in the Charlie Lake.

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