Tamarack Valley Energy Announces Declaration of Monthly Dividend – QNT Press Release


CALGARY, AB, Nov. 15, 2022 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack“or the”Company“) (TSX:TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0125 per share in accordance with the Company’s dividend policy. This per share amount reflects the previously announced 25% increase to the base dividend in conjunction with the Deltastream acquisition. The dividend will be payable on December 15, 2022to shareholders of record at the close of business on November 30, 2022. This monthly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas exploration and production company committed to creating long-term value for its shareholders through sustainable free funds flow generation, financial stability and the return of capital. The Company has an extensive inventory of low-risk, oil development locations drilling focused primarily on Charlie Lake, Clearwater and EOR plays in Alberta.Operating as a responsible corporate citizen is a key focus to ensure we deliver on our environmental, social and …

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