Off-market insider buying at Tamarack Valley Energy (TVE)

Off-market insider buying at Tamarack Valley Energy (T:TVE)

Jeff Boyce, a Director, acquired 101,000 Common Shares on a control or direction basis for registered holder Julia Boyce at a price of $2.250 through a prospectus or prospectus exempt offering on March 25th, 2021. This represents a $227,250 investment into the company's shares and an account share holdings change of 11.4%.

Two other insiders also participated in smaller amounts.  

Tamarack Valley Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant. Tamarack has interests in approximately 50 sections of land in the Pembina, Garrington and Lochend areas of Alberta. The Company has interests in approximately 60 sections of land in the Redwater and Westlock areas of Alberta. Tamarack has interests in over 30 sections of land in the Hatton area of Saskatchewan. The Company drilled over 10 horizontal Cardium oil wells in the core Wilson Creek and Alder Flats areas.