Tamarack Valley Energy Ltd. announced that concurrent with the closing of the acquisition of Spur Resources Ltd., its extendible revolving credit facilities were amended to increase the borrowing base by over 80% to $220 million from $120 million. After giving effect to this increase, the Credit Facilities are comprised of: an extendible revolving syndicated term credit facility of $200 million (increased from $110 million); and an extendible revolving working capital credit facility of $20 million (increased from $10 million).