May 16, 2017 / 12:05 AM / 3 months ago

BRIEF-Tamarack Valley Energy qtrly FFO per share $0.15

May 15 (Reuters) - Tamarack Valley Energy Ltd:

* Tamarack Valley Energy Ltd announces 2017 first quarter results

* Achieved Q1/17 average production of 17,796 boe/d, up 55% over Q4/16 and up 86% from Q1/16

* Qtrly funds from operations per share $0.15

* Has begun to adjust capital spending to bottom end of its 2017 guidance range of $165 to $175 million

* Tamarack's 2017 annual average production guidance remains unchanged at 19,000 to 20,000 boe/d

* Company expects Q2 production to average between 18,000 and 18,500 boe/d Source text for Eikon: Further company coverage:

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