Tamarack Valley Energy Ltd. (the "Company") (TSX VENTURE:TVE) announces that it
will present at the 2012 Canadian Association of Petroleum Producers ("CAPP")
Investment Symposium held in Toronto, Ontario on December 10-12, 2012. Tamarack
will be presenting at the conference the following times:




--  Monday, December 10th at 1:30 pm EST. 
--  Tuesday, December 11th at 4:00 pm EST. 
--  Wednesday, December 12th at 11:30 pm EST.



Presentation slides will be available at the symposium or at
http://www.capp.ca/aboutUs/events/CAPPOilGasSymposium/Pages/default.aspx.


Details on the CAPP Investment Symposium, including the full program, travel,
accommodation and registration information, are available www.is2012.CAPP.CA.


Among the highlights is a panel with Ontario Finance Minister Dwight Duncan,
Alberta Finance Minister Doug Horner, and Newfoundland and Labrador Natural
Resources Minister Jerome Kennedy, who will talk about provincial government
perspectives on how to maximize economic opportunities associated with Canada's
growing energy economy.


Keynote speakers include world energy expert Daniel Yergin, Pulitzer
Prize-winning author of The Prize: The Epic Quest for Oil, Money and Power, Rick
George, former chief executive officer of Suncor Inc., Canada's largest
integrated energy company, and New York Times columnist David Brooks, author of
three books, a former editor at The Weekly Standard, Newsweek, the Atlantic
Monthly and a commentator on The News Hour with Jim Lehrer. 


"The 2012 CAPP Investment Symposium focuses on the investment opportunities
offered in the high-growth, high-potential Canadian oil and gas industry. With
the third-largest oil reserves in the world and equally significant natural gas
assets, Canada's upstream oil and gas industry will continue to create
significant value for investors, the industry and all Canadians as global energy
demand grows," said CAPP president Dave Collyer. "CAPP's Investment Symposium
will highlight industry plans to ensure competitiveness and social license to
realize these growth opportunities."


"Tamarack is pleased to be presenting a fourth quarter operations update at the
2012 CAPP Investment Symposium in December," said Brian Schmidt, President and
CEO of Tamarack. "Tamarack has made significant capital cost reductions on its
Cardium plays in 2012 and will be providing an update on the recently completed
eight well Viking oil drilling program." 


Tamarack is an oil and gas company involved in the identification, evaluation
and operation of resource plays in the western Canadian sedimentary basin. The
Company uses a rigorous, proven modeling process to carefully manage risk and
identify growth opportunities. Tamarack's diversified suite of oil-focused
assets provides exposure to the high impact Cardium light oil resource plays in
Lochend, Garrington/Harmattan and Buck Lake in Alberta, low cost Viking light
oil resource plays in Redwater, Foley Lake and Westlock in Alberta and highly
economic heavy oil opportunities southeast of Lloydminster in Saskatchewan.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tamarack Valley Energy Ltd.
Brian Schmidt
President & CEO
403.263.4440


Tamarack Valley Energy Ltd.
Ron Hozjan
VP Finance & CFO
403.263.4440
www.tamarackvalley.ca