Tamarack Valley Energy Ltd (TSX:TVE)

Tamarack Valley Energy Ltd Charlie Lake Divestiture Conference Call Transcript

May 28, 2026 / 02:30PM GMT

Release Date Price: C$12.9 (+6.79%)

Transcript

Operator

Good morning ladies and gentlemen and welcome to the Tamarack Valley Energy Charlie Lake Vestiture conference call. At this time all lines are in listen-only mode. Following the presentation we will conduct a question-and-answer session. If at any time during this call you require immediate assistance please press star zero for the operator. This call is being recorded on Thursday May 28th 2026.

I would now like to conference over to Brian Schmidt CEO. Please go ahead.

Brian Schmidt

Tamarack Valley Energy Ltd - Chief Executive Officer, Director

Thank you, Joel. Welcome to everyone joining our conference call this morning. I'm Brian Schmidt, founder and CEO of Tamarack Valley Energy. I'm thrilled to announce the completion of our transition into a pure-play Clearwater producer, the most economic and fastest-growing play in North America.

We have just entered into a purchase and sale agreement to divest our Charlie Lake assets for $804 million.

This divestiture provides us with significant optionality to pursue higher total returns

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