Page 2 - நிதி புகாரளித்தல் தரநிலைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced acquisition (the "Acquisition") of Anegada Oil Corp. ("Anegada"). Tamarack acquired all of the issued and outstanding common shares of Anegada for total net consideration of 105.3 million common shares of Tamarack and $247.5 million in cash and assumed net debt(1), after deducting the proceeds from the closing of the previously announced 2% gross overriding royalty (the "GORR"). In conjunction with the acquisition, Tamarack's credit syndicate has increased the Company's credit facilities to $600 million and extended the revolving period to May 31, 2022.

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