Tamarack Valley Energy to acquire Clearwater producer Deltastream Energy

Tamarack Valley Energy to acquire Clearwater producer Deltastream Energy

Tamarack Valley Energy has signed an agreement to acquire pure-play Clearwater oil producer Deltastream Energy Corporation for CAD 1.425 billion ($1.1 billion). The acquisition of Deltastream Energy will allow Tamarack Valley Energy to take its average Clearwater production of about 23,000 boe/d in 2023, which will include 94% oil and natural gas liquids. It will […]