Tenaz Energy Corp. (TSX:TNZ) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,473,464 shares, representing 9.1% of its issued share capital.

The repurchased shares will be cancelled. The purpose of the bid is to deploy cash resources from current cash on hand and future free cash flow to purchase our common shares (the "Shares") in the open market. The program is valid till August 22, 2024.