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Tamarack Valley Outlines 2021 Spending Range Of $105-$110 Million
Tamarack Valley Energy Ltd. outlined a 2021 capital budget of $105 to $110 million on Monday, which will be designed to raise corporate oil production by 30 per cent on an exit-over-exit basis, generate significant free adjusted funds flow and maintain a strong balance sheet with a debt to trailing annual adjusted funds flow of less than 1.5 times.
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