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Tamarack Valley Energy Ltd.'s bank syndicated credit facility has been redetermined and remains at $275 million.
As of November 30th, 2020, the Company has drawn approximately $189 million and has ample liquidity for the remainder of 2020 and 2021.
Tamarack has forecasted free adjusted funds flow1 for both 2020 and 2021 with forecasted year-end net debt to trailing adjusted funds flow ratio1 of less than 1.5x in both years.
| Category | 2019 | 2020 Est. Initial | Updated 2020 Guidance | %Difference (2019vs 2020) |
| Total Capital Expenditure($mm) |
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| Production Daily Equivalent(boe/d) |
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Redetermination/Borrowing base
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