Obsidian Energy Ltd. (T:OBE*CA)

Business Focus: Oil & Gas Exploration and Production (NEC)

Mar 14, 2024 05:00 pm ET
Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of our previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $2.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes"). The Offer expired on March 11, 2024, and was made on the terms and subject to the conditions set forth in the Offer to Purchase dated February 26, 2024 (the "Statement").
Feb 28, 2024 07:00 am ET
Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program
Calgary, Alberta--(Newsfile Corp. - February 28, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our first half 2024 capital program. Our program continued with development of our Willesden Green/Pembina (Cardium) assets and exploration/appraisal and development drilling in the Clearwater and Bluesky formations in Peace River. We also completed the optimization of our Viking wells that were drilled in late 2023, which showed strong production results. Development activity has increased current production to over 36,500 boe/d (based on field estimates); while cold weather in January impacted production, we are currently running slightly ahead of our planned production year-to-date with the resumption of normal operations and strong initial rates from wells onstream in February.
Feb 27, 2024 07:00 am ET
Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - February 27, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian Energy's notice of intention to renew our normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 7,564,767 common shares (representing 10 percent of the Company's public float, as defined by the TSX, as of February 15, 2024) over a period of 12 months commencing on February 29, 2024. On February 15, 2024, Obsidian Energy had 77,405,038 common shares outstanding and 75,647,677 common shares in our public float. The NCIB will expire no later than February 28, 2025.
Feb 26, 2024 07:00 am ET
Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - February 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $2.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), CUSIP Nos. 674482AA2 (Restricted), 674482AB0 (144A) and 674482AC8 (Regulation D) (the "Notes"), as disclosed in our year-end 2023 results. As of February 26, 2024, $116.2 million aggregate principal amount of Notes were outstanding. The Offer is being made pursuant to an offer to purchase (the "Offer to Purchase") and a related letter of transmittal, each dated February 26, 2024, and a notice of guaranteed delivery. The Offer will expire at 5:00 p.m., Eastern Daylight Time, on March 11, 2024, unless extended. Tendered Notes may be withdrawn at any time before the expiry of the Offer.
Feb 22, 2024 03:00 pm ET
Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2023, and related Management's Discussion and Analysis ("MD&A"). Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2023, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's Annual Report on Form 40-F for the year ended December 31, 2023, will be filed with the U.S. Securities and Exchange Commission pursuant to its rules and regulations.
Feb 22, 2024 07:00 am ET
Obsidian Energy Announces Fourth Quarter and Full Year 2023 Results
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2023.
Feb 13, 2024 10:03 pm ET
Obsidian Energy Sets Record Straight Regarding Woodland Cree First Nation Misleading Statements
Calgary, Alberta--(Newsfile Corp. - February 13, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today expressed our deep disappointment with the Woodland Cree First Nation (the "WCFN") senior leadership's misleading statements issued in a news release yesterday and their decision to address what Obsidian Energy believes to be the WCFN's commercial concerns in this manner.
Jan 30, 2024 08:50 pm ET
Obsidian Energy Announces Increase in 2023 Reserves Across All Categories
Calgary, Alberta--(Newsfile Corp. - January 30, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the results of our independent reserves evaluation for the year ended December 31, 2023 (the "2023 Reserve Report") prepared by GLJ Ltd. ("GLJ").
Jan 25, 2024 07:00 am ET
Obsidian Energy Announces 2024 Guidance With 12 Percent Growth in Average Annual Production to 36,000 boe/d
• Capital program with 78 operated wells expected to generate 12 percent annual production growth over 2023• ~$350 million capital program is ~$30 million lower from previous forecast at midpoint• Development plan weighted towards Peace River, expanding on our Bluesky and Clearwater success from 2023• 2024 plan is expected to generate funds flow from of operations of ~ $400 million and positive free cash flow of ~$27 million at US$75/bbl WTI
Jan 22, 2024 07:06 pm ET
Obsidian Energy Announces 2024 Guidance and Webcast
Calgary, Alberta--(Newsfile Corp. - January 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our 2024 capital and operating budget and associated guidance (the "Release") before North American markets open on January 25, 2024. In conjunction with the Release, our President and CEO, Mr. Stephen Loukas and other members of management will host a webcast presentation online at 9:00 a.m. Mountain Standard Time (11:00 a.m. Eastern Standard Time) (the "Presentation").
Jan 09, 2024 07:00 am ET
Obsidian Energy Announces 2023 Operations Update with Robust Clearwater Results and Continued Growth Plan Execution
Calgary, Alberta--(Newsfile Corp. - January 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our second half 2023 development program with all drilling activity completed on schedule. We expect our full year 2023 average production to be approximately 32,500 boe/d based on preliminary estimates (at the top end of our 32,000 boe/d to 32,500 boe/d guidance range), which is a six percent increase over 2022. Including the impact of our share buyback program in 2023, this translates into 12 percent growth on a production per share basis based on shares outstanding at December 31, 2022, and 2023.
Nov 09, 2023 07:00 am ET
Obsidian Energy Announces Third Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report solid operating and financial results for the third quarter of 2023.
Nov 02, 2023 05:00 pm ET
Obsidian Energy Announces Release Date of Third Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our third quarter 2023 financial and operational results before North American markets open on Thursday, November 9, 2023. In addition, the third quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, and under our SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov on or about the same date.
Oct 11, 2023 05:00 pm ET
Obsidian Energy Announces Participation in the Schachter 2023 'Catch the Energy' Conference
Calgary, Alberta--(Newsfile Corp. - October 11, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the Schachter 2023 Catch the Energy Conference (the "Conference") on Saturday, October 14, 2023, in Calgary at Mount Royal University.
Sep 21, 2023 07:00 am ET
Obsidian Energy Announces Three-Year Growth Plan to Reach 50,000 boe/d in 2026
Calgary, Alberta--(Newsfile Corp. - September 21, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our three-year corporate plan, focused primarily on growth from the Peace River asset, as well as a $40 million increase to our 2023 capital program.
Sep 07, 2023 05:00 pm ET
Obsidian Energy Announces Peters & Co. Limited's Energy Conference Clarification
Calgary, Alberta--(Newsfile Corp. - September 7, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") further to our press release earlier today, please be advised our presentation at 4:00 p.m. ET (2:00 p.m. MT) on Tuesday, September 12, 2023 at the Peters & Co. Limited 27th Annual Energy Conference will not be live webcast but a recording will be available post the event on our website.
Sep 07, 2023 07:00 am ET
Obsidian Energy Announces Participation in the Peters & Co. Limited's Energy Conference and Peace River Growth Plan Webcast
Calgary, Alberta--(Newsfile Corp. - September 7, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the Peters & Co. Limited 27th Annual Energy Conference (the "Conference") from Tuesday, September 12 to Thursday, September 14, 2023 in Toronto, Ontario at the Ritz-Carlton Hotel. Stephen Loukas, President and CEO will discuss the Company in a presentation at 4:00 p.m. ET (2:00 p.m. MT) on Tuesday, September 12, 2023. Mr. Loukas along with Peter Scott, Senior Vice President and Chief Financial Officer, will be hosting one-on-one meetings at the conference. The presentation will be webcast live and available after the event on our website.
Aug 17, 2023 05:00 pm ET
Obsidian Energy Completes Offer to Purchase $5.0 Million of Its Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - August 17, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of its previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $5.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes"). The Offer expired on August 14, 2023, and was made on the terms and subject to the conditions set forth in the Offer to Purchase dated August 3, 2023 (the "Statement").
Aug 10, 2023 05:00 pm ET
Obsidian Energy Announces Participation in the EnerCom Denver Energy Investment Conference
Calgary, Alberta--(Newsfile Corp. - August 10, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the 2023 EnerCom Denver Energy Investment Conference from Tuesday, August 15 to Wednesday, August 16, 2023, in Denver, Colorado at the Westin Denver Downtown Hotel.
Aug 03, 2023 07:00 am ET
Obsidian Energy Announces Launch of an Offer to Purchase up to $5.0 Million of its Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - August 3, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $5.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, CUSIP Nos. CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), ISINs 674482AA2 (Restricted), 674482AB0 (144A) and 674482AC8 (Regulation D) (the "Notes"), as disclosed in our second quarter 2023 results. As of August 3, 2023, $123.5 million aggregate principal amount of Notes were outstanding. The Offer is being made pursuant to an offer to purchase (the "Offer to Purchase") and a related letter of transmittal, each dated August 3, 2023, and a notice of guaranteed delivery. The Offer will expire at 5:00 p.m., Eastern Daylight Time, on August 14, 2023, unless extended. Tendered Notes may be withdrawn at any time before the expiry of the Offer.
Aug 02, 2023 07:00 am ET
Obsidian Energy Announces Second Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - August 2, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report solid operating and financial results for the second quarter of 2023.
Jul 24, 2023 05:00 pm ET
Obsidian Energy Announces Release Date of Second Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - July 24, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our second quarter 2023 financial and operational results before North American markets open on Wednesday, August 2, 2023. In addition, the second quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on or about the same date.
Jun 12, 2023 05:00 pm ET
Obsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of Shareholders
Corporate presentation and management webcast available for replay on website
May 31, 2023 05:10 pm ET
Obsidian Energy Announces Increase to Syndicated Credit Facility, Results of Viking Drilling and Update on Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an increase to our syndicated credit facility and provides an update on both the results of our first half 2023 Viking drilling program and the expected impact of Alberta wildfires on production and funds flow from operations.
May 23, 2023 08:14 pm ET
Obsidian Energy Alberta Wildfire Update: Additional Fields Coming Back Online
Calgary, Alberta--(Newsfile Corp. - May 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on the status of our operations impacted by recent Alberta wildfires.
May 18, 2023 05:41 pm ET
Obsidian Energy Alberta Wildfire Update: Fields Coming Back Online
Calgary, Alberta--(Newsfile Corp. - May 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on the status of temporarily shut-in operations due to the impact of recent Alberta wildfires.
May 16, 2023 04:45 pm ET
Obsidian Energy Provides Update on Impact of Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 16, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update on operations and employees impacted by recent Alberta wildfires.
May 08, 2023 05:26 pm ET
Obsidian Energy Advises on Impact of Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 8, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update on operations and employees impacted by recent Alberta wildfires.
May 04, 2023 07:00 am ET
Obsidian Energy Announces Strong First Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the first quarter of 2023.
Apr 25, 2023 06:30 pm ET
Obsidian Energy Announces Release Date of First Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - April 25, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2023 financial and operational results before North American markets open on Thursday, May 4, 2023. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on or about the same date.
Mar 27, 2023 07:00 am ET
Obsidian Energy Comments on Alberta Energy Regulator Order Regarding Water Disposal Well
Calgary, Alberta--(Newsfile Corp. - March 27, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") confirms that the Alberta Energy Regulator ("AER") issued an order (the "Order") regarding the Company's 14-18-082-17W5 water disposal well (the "Water Disposal Well"), located approximately 40 kilometres Southeast of the Town of Peace River.
Mar 22, 2023 05:08 pm ET
Obsidian Energy Announces Syndicated Credit Facility Increase to $200 Million
Calgary, Alberta--(Newsfile Corp. - March 22, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an increase to our syndicated credit facility to $200.0 million from $175.0 million, with an extension of the revolving period to May 31, 2024, and the term-out date to May 31, 2025. The increase was part of our semi-annual borrowing base redetermination, which was completed earlier than normal (typically occurs in May and November of each year).
Mar 06, 2023 07:00 am ET
Obsidian Energy Announces Participation in the Scotia Howard Weil Energy Conference
Calgary, Alberta--(Newsfile Corp. - March 6, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the 51st Annual Scotia Howard Weil Energy Conference on Wednesday, March 8, 2023, in Miami, Florida at the Mandarin Oriental Hotel.
Feb 23, 2023 04:50 pm ET
Obsidian Energy Confirms Filing of Its 2022 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2022, and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2022, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's Annual Report on Form 40-F for the year ended December 31, 2022, will be filed with the U.S. Securities and Exchange Commission pursuant to its rules and regulations.
Feb 23, 2023 07:01 am ET
Obsidian Energy Announces Fourth Quarter and Full Year 2022 Results
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2022. The Company is also pleased to announce the appointment of Stephen Loukas as President and Chief Executive Officer of the Company, effective immediately.
Feb 23, 2023 07:00 am ET
Obsidian Energy Announces TSX Approval of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian Energy's notice of intention to commence a normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 8,073,847 common shares (representing 10 percent of Obsidian Energy's public float, as defined by the TSX, as of February 13, 2023) over a period of twelve months commencing on February 27, 2023. On February 13, 2023, Obsidian Energy had 82,442,210 common shares outstanding and 80,738,477 common shares in its public float. The NCIB will expire no later than February 26, 2024.
Jan 30, 2023 07:36 pm ET
Obsidian Energy Announces 2023 Guidance and Significant 2022 Reserves Value Increase with Year-End Reserves Report
Calgary, Alberta--(Newsfile Corp. - January 30, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our 2023 guidance that builds on our successful 2022 drilling results across all three areas, the introduction of a share buyback program, and the results of our independent reserves evaluation for the year ended December 31, 2022 (the "2022 Reserve Report").
Jan 18, 2023 05:31 pm ET
Obsidian Energy Announces Guidance and Reserves Release Date
Calgary, Alberta--(Newsfile Corp. - January 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our 2023 capital budget and associated guidance after North American markets close on Monday, January 30, 2023. At the same time, we will be providing our intentions regarding continued debt repayment and shareholder return of capital, as well as the results of our independent reserves evaluation for the year ended December 31, 2022, prepared by GLJ Ltd.
Jan 03, 2023 04:32 pm ET
Obsidian Energy Announces Extension to Interim President and Chief Executive Officer
Calgary, Alberta--(Newsfile Corp. - January 3, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that is has extended Stephen E. Loukas' employment contract as Interim President and CEO to December 31, 2023.
Dec 16, 2022 07:00 am ET
Obsidian Energy Announces 2022 Operations Update, 2023 Guidance Update, and Inaugural ESG Report
Calgary, Alberta--(Newsfile Corp. - December 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our 2022 second half development program, our 2023 guidance, and the release of our inaugural environment, social and governance report for 2021.
Nov 08, 2022 07:00 am ET
Obsidian Energy Announces Third Quarter 2022 Results and Updated 2022 Guidance
Calgary, Alberta--(Newsfile Corp. - November 8, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report operating and financial results for the third quarter of 2022.
Nov 02, 2022 09:00 am ET
Obsidian Energy Announces Release Date of Third Quarter 2022 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our third quarter 2022 financial and operational results before North American markets open on Tuesday, November 8, 2022. In addition, the third quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on or about the same date.
Oct 19, 2022 09:00 am ET
Obsidian Energy Announces Participation in the Schachter Catch the Energy Conference
Calgary, Alberta--(Newsfile Corp. - October 19, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the Schachter Catch the Energy Conference (the "Conference"), which will take place on Saturday, October 22, 2022, at Calgary Mount Royal University, Ross Glen Hall, 4825 Mount Royal Gate SW, Calgary, Alberta. The Conference is being held between 7:30 a.m. MT and 5:00 p.m. MT.
Sep 13, 2022 07:00 am ET
Obsidian Energy Announces $30.0 Million Term Loan Repayment, Operations Update and Facility Acquisition
Calgary, Alberta--(Newsfile Corp. - September 13, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the full repayment of the $30.0 million non-revolving term loan (the "Term Loan") from free cash flow from our operations. The Term Loan was part of our new syndicated credit facilities with initial borrowing capacity of $205.0 million that was entered into with our debt refinancing completed in July 2022. With the repayment of the Term Loan, our remaining debt consists of a $175.0 million revolving syndicated credit facility with a term-out period of July 27, 2024, and $127.6 million of senior unsecured notes due July 27, 2027.
Jul 28, 2022 07:00 am ET
Obsidian Energy Announces Increased Production and Financial Results in Second Quarter 2022
Calgary, Alberta--(Newsfile Corp. - July 28, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report operating and financial results for the second quarter of 2022.
Jul 27, 2022 10:01 am ET
Obsidian Energy Announces Closing of our $127.6 Million Senior Unsecured Notes Offering and New Debt Facilities as well as Repayment of our Existing Debt Facilities
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has successfully closed the previously announced private placement offering (the "Offering") of $127.6 million aggregate principal amount of 11.95 percent five-year senior unsecured notes due July 27, 2027 (the "Notes"). In connection with the private placement of the Notes, Obsidian Energy also entered into a new $175.0 million revolving syndicated credit facility and a new $30.0 million non-revolving term loan (collectively, the "New Credit Facilities") with the Royal Bank of Canada, Bank of Montreal and Canadian Western Bank.
Jul 25, 2022 09:59 pm ET
Obsidian Energy Announces Pricing and Issue of $127.6 Million Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - July 25, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has entered into an underwriting agreement to sell, on a private placement basis, $127.6 million aggregate principal amount of 11.95 percent five-year senior unsecured notes due July 27, 2027 (the "Notes"). The Notes will be issued at a price of $980.00 per $1,000.00 principal amount to receive aggregate gross proceeds of approximately $125 million. The Notes will be direct senior unsecured obligations of Obsidian Energy ranking equal with all other present and future senior unsecured indebtedness of the Company. The Notes were offered in each of the provinces of Canada and in the United States on a private placement basis without the filing of a prospectus or registration statement (the "Offering"). Closing of the Offering is expected to occur on or about July 27, 2022, subject to satisfaction of customary closing conditions. Certain directors, officers and employees of Obsidian Energy have elected to purchase approximately $6.4 million of the Notes.
Jul 19, 2022 08:08 am ET
Obsidian Energy Announces Proposed Issuance of up to $125.0 Million Senior Unsecured Notes and New Syndicated Credit Facilities
Calgary, Alberta--(Newsfile Corp. - July 19, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the proposed private placement of senior unsecured notes and proposed new syndicated credit facilities.
Jul 14, 2022 07:00 am ET
Obsidian Energy Announces Preliminary Second Quarter 2022 Results and Extension to Our Syndicated Credit Facility
Calgary, Alberta--(Newsfile Corp. - July 14, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces our preliminary second quarter 2022 results and an extension to our syndicated credit facility to July 29, 2022, to accommodate timing associated with our debt refinancing.
Jun 16, 2022 06:18 pm ET
Obsidian Energy Announces Voting Results from the 2022 Annual and Special Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - June 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2022, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2022 Annual and Special Meeting and Management Proxy Circular dated May 4, 2022 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Jun 16, 2022 07:00 am ET
Obsidian Energy Announces Expanded 2022 Development Program, Increased 2022 Guidance, and Preliminary 2023 Forecast
Calgary, Alberta--(Newsfile Corp. - June 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on the success of our 2022 first half development program, as well as announce an expanded second half development program, increased 2022 guidance and a preliminary forecast for 2023.
May 31, 2022 05:52 pm ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility and Development Drilling Program in our Viking Play
Calgary, Alberta--(Newsfile Corp. - May 31, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the revolving period in our syndicated credit facility to July 15, 2022, to accommodate timing associated with debt refinancing. We are also pleased to announce the return to development drilling in our Viking area, benefiting from our established inventory of quality locations and higher commodity prices.
May 04, 2022 07:00 am ET
Obsidian Energy Announces First Quarter 2022 Results
Calgary, Alberta--(Newsfile Corp. - May 4, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report operating and financial results for the first quarter of 2022.
Apr 25, 2022 06:02 pm ET
Obsidian Energy Announces Release Date of First Quarter 2022 Results
Calgary, Alberta--(Newsfile Corp. - April 25, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2022 financial and operational results before North American markets open on Wednesday, May 4, 2022. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on or about the same date.
Apr 12, 2022 07:00 am ET
Obsidian Energy Provides Operational Update and Land Acquisition
Calgary, Alberta--(Newsfile Corp. - April 12, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on the initial results from our first half 2022 development program as well as our 2021 development program. In addition, we are announcing the acquisition of 14 highly prospective sections of Peace River land with Bluesky and Clearwater opportunities, and a broad commercial agreement with Whitecap Resources Inc. ("Whitecap") in our Pembina Cardium Unit No. 11.
Feb 24, 2022 05:00 pm ET
Obsidian Energy Confirms Filing of Its 2021 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 24, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE AMERICAN: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2021 and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2021, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's Annual Report on Form 40-F for the year ended December 31, 2021 will be filed with the U.S. Securities and Exchange Commission pursuant to its rules and regulations.
Feb 24, 2022 07:00 am ET
Obsidian Energy Announces Fourth Quarter and Full Year 2021 Results
Calgary, Alberta--(Newsfile Corp. - February 24, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2021.
Feb 07, 2022 07:00 am ET
Obsidian Energy Announces 2021 Reserves Value Increase of over 50 Percent with Year-End Reserves Report
Reserve values increased by more than 50 percent across all categories with total proved plus probable of approximately $1.8 billion (net asset value, before-tax, discounted at 10 percent)
Jan 26, 2022 07:00 am ET
Obsidian Energy Announces Listing and Trading on the NYSE American
Calgary, Alberta--(Newsfile Corp. - January 26, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the NYSE American LLC ("NYSE American") has approved the listing of the Company's common shares on the NYSE American stock exchange. The common shares will begin trading on the NYSE American on January 31, 2022, under the trading ticker symbol "OBE".
Jan 24, 2022 07:00 am ET
Obsidian Energy Announces 2022 Drilling Program and Guidance as well as Update on Development Program
Calgary, Alberta--(Newsfile Corp. - January 24, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") is pleased to announce our 2022 guidance, building on our successful drilling results in the Cardium while further expanding activity in Peace River. A total of $143 to $149 million in capital expenditures, plus an additional $14 million in decommissioning expenditures, is planned for 2022. We currently have four drilling rigs active in our 2022 drilling program, which includes 19 wells (18.0 net) in our Willesden Green and Pembina assets and an additional ten wells (10.0 net) in our Peace River asset, including four appraisal wells into the Clearwater formation.
Jan 18, 2022 07:00 am ET
Obsidian Energy Announces Reconfirmation of our Syndicated Credit Facility
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the reconfirmation of our syndicated credit facility with no changes to our revolving period.
Jan 13, 2022 05:25 pm ET
Obsidian Energy Announces Application for Listing on the NYSE American and 2022 Guidance Release Webcast
Calgary, Alberta--(Newsfile Corp. - January 13, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has applied for listing on the NYSE American. With an extensive U.S. shareholder base, we believe that, upon approval of our listing application on the NYSE American, this listing has the potential to improve liquidity by increasing investors' ability to invest in Obsidian Energy.
Jan 11, 2022 06:27 pm ET
Obsidian Energy Announces Updates to Our Syndicated Credit Facility and Senior Notes
Calgary, Alberta--(Newsfile Corp. - January 11, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that we have completed the one-time adjustment of our syndicated credit facility effective December 31, 2021. Our aggregate commitment amount is now $366.8 million adjusted from the previous amount of $415.0 million.
Jan 06, 2022 07:00 am ET
Obsidian Energy Provides Operational Update
Calgary, Alberta--(Newsfile Corp. - January 6, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our second half 2021 development program with all drilling activity completed on schedule. We expect our full year 2021 average production to be approximately at the low end of the range of our guidance (24,600 boe/d to 24,800 boe/d) based on preliminary estimates, which reflects a minor delay in the closing of our previously announced acquisition of the remaining 45 percent interest in the Peace River Oil Partnership ("PROP") (approximately 70 boe/d annualized impact). Preliminary estimates for our December production, representing the first full month post-acquisition, is 27,260 boe/d, which includes contribution from six new wells brought on production mid-month. An additional seven drilled wells are expected to be on production in the first quarter of 2022.
Nov 30, 2021 05:51 pm ET
Obsidian Energy Announces Updates to Our Syndicated Credit Facility
Calgary, Alberta--(Newsfile Corp. - November 30, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that our semi-annual borrowing base redetermination has been completed, resulting in a $35 million increase to our revolving syndicated credit facility from $225 million to $260 million.
Nov 24, 2021 01:10 pm ET
Obsidian Energy Announces Closing of the Peace River Oil Partnership Acquisition
Calgary, Alberta--(Newsfile Corp. - November 24, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of the remaining 45 percent interest in the Peace River Oil Partnership ("PROP") asset through a wholly-owned subsidiary (the "Acquisition").
Nov 24, 2021 12:53 pm ET
IIROC Trading Halt - OBE.R
TORONTO, Nov. 24, 2021 /CNW/ - The following issues have been halted by IIROC:
Nov 18, 2021 08:40 am ET
Obsidian Energy Announces Completion of Oversubscribed $25.9 Million Prospectus Financing
OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQX – OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced marketed public offering of subscription receipts (the "Subscription Receipts") at...
Nov 08, 2021 07:00 am ET
Obsidian Energy Announces Third Quarter Results with Continued Increasing Funds Flow from Operations
Calgary, Alberta--(Newsfile Corp. - November 8, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the third quarter 2021.
Nov 04, 2021 09:21 am ET
Obsidian Energy Announces Pricing and Filing of Amended and Restated Preliminary Prospectus
OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQX – OBELF) (“Obsidian Energy”, the “Company”, “we”, “us” or “our”) is pleased to announce that it has filed an amended and restated preliminary short form prospectus (the “Amended and Restated Prospectus”) in...
Nov 03, 2021 08:09 am ET
IIROC Trade Resumption - OBE
TORONTO, Nov. 3, 2021 /CNW/ - Trading resumes in:
Nov 02, 2021 04:55 pm ET
Obsidian Energy Announces Acquisition of 45 Percent Partnership Interest in Peace River Oil Partnership, Up to $22.5 Million Equity Issue and Preliminary Third Quarter 2021 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has entered into a purchase and sale agreement (the "Agreement") to acquire the remaining 45 percent partnership interest in the Peace River Oil Partnership ("PROP") asset from our joint venture partner (the "Vendor"), through a wholly-owned subsidiary (the "Acquisition"). Total consideration paid will be $43.5 million prior to closing adjustments with an effective date of July 1, 2021. The Acquisition will be funded by a combination of cash and, if necessary, Obsidian Energy common shares ("Common Shares") issued to the Vendor.
Nov 02, 2021 03:37 pm ET
IIROC Trading Halt - OBE
TORONTO, Nov. 2, 2021 /CNW/ - The following issues have been halted by IIROC:
Oct 27, 2021 08:22 pm ET
Obsidian Energy Provides Operational Update with Increased Production Guidance, and Additional Wells to Be Drilled in 2021
Calgary, Alberta--(Newsfile Corp. - October 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our continued strong second half development program with two drilling rigs active in our Cardium asset, acceleration of three drills from our 2022 program into 2021, and an increase to our 2021 production guidance. In addition, we expect third quarter production to average approximately 24,150 boe/d based on preliminary estimates.
Sep 15, 2021 07:00 am ET
Obsidian Energy Provides Operational Update
Calgary, Alberta--(Newsfile Corp. - September 15, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our continued strong second half development program with two drilling rigs active in our Cardium asset and announce it has also extended Stephen Loukas' contract as Interim President and CEO to December 31, 2021.
Jul 12, 2021 07:00 am ET
Obsidian Energy Announces Second Quarter Operational Update
Calgary, Alberta--(Newsfile Corp. - July 12, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong production results for the second quarter of 2021, supported by our nine-well first half 2021 development program now on stream. Based on preliminary estimates, we expect second quarter production to average approximately 24,650 boe/d, an increase from 23,225 boe/d in the first quarter. We will discuss our full year 2021 guidance in conjunction with our second quarter results, which are expected to be released before markets open on Friday, July 30, 2021.
Jun 16, 2021 05:34 pm ET
Obsidian Energy Announces Voting Results from the 2021 Annual and Special Meeting of Shareholders
New corporate presentation and management webcast available for replay on website
Jun 14, 2021 09:32 pm ET
Obsidian Energy Announces Change to Board of Directors
Calgary, Alberta--(Newsfile Corp. - June 14, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the resignation of Maureen Cormier Jackson and William (Bill) Friley from the Board of Directors (the "Board") effective immediately. Mr. Friley joined the Board in 2015 and Ms. Cormier Jackson joined in 2016.
Jun 08, 2021 07:00 am ET
Obsidian Energy Announces Early Start to Second Half Development Program and Corporate Update Webcast
Calgary, Alberta--(Newsfile Corp. - June 8, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we expect to start our 23 well, second half 2021 development program two weeks earlier than anticipated. In addition, following our upcoming Annual and Special Meeting on June 16, 2021, we will hold a webcast presentation that provides a corporate update from our Interim President and CEO, Mr. Stephen Loukas, and other members of management.
May 07, 2021 07:00 am ET
Obsidian Energy Announces First Quarter 2021 Results and Successful First Half Development Program
Calgary, Alberta--(Newsfile Corp. - May 7, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the first quarter 2021.
Apr 27, 2021 05:00 pm ET
Obsidian Energy Announces Release Date of First Quarter 2021 Results
Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2021 financial and operational results before North American markets open on Friday, May 7, 2021. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on or about the same date.
Mar 29, 2021 09:11 pm ET
Obsidian Energy Announces Expiry of Bonterra Offer
Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX: BNE) ("Bonterra") to expire at 5:00 p.m. (Mountain Daylight time) on March 29, 2021.
Mar 29, 2021 05:00 pm ET
Obsidian Energy Confirms Filing of Its 2020 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2020 and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2020, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's Annual Report on Form 40-F for the year ended December 31, 2020 will be filed with the U.S. Securities and Exchange Commission pursuant to its rules and regulations.
Mar 29, 2021 07:00 am ET
Obsidian Energy Announces Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Guidance
Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2020.
Mar 26, 2021 05:00 pm ET
Obsidian Energy Announces the Extension to Syndicated Credit Facility and Senior Notes
Maturity dates of both credit facility and senior notes extended to November 2022
Feb 24, 2021 06:36 pm ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility and Provides Hedging Update
Calgary, Alberta--(Newsfile Corp. - February 24, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an extension of our syndicated credit facility to March 31, 2021 and provides a hedging update.
Feb 17, 2021 07:56 pm ET
Obsidian Energy Announces 2020 Reserves Results
Calgary, Alberta--(Newsfile Corp. - February 17, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its independent reserves evaluation for the year ended December 31, 2020, prepared by Sproule Associates Limited ("Sproule").
Jan 28, 2021 05:00 am ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility and provides Operational Update
Calgary, Alberta--(Newsfile Corp. - January 28, 2021) -  OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of our syndicated credit facility to February 26, 2021 and provides an operational update on recent drilling and hedging activities.
Jan 25, 2021 06:00 am ET
Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.
• Offer to purchase Bonterra extended to March 29, 2021, allowing Bonterra shareholders to assess the relative performance of the two companies' fourth quarter and year end 2020 results
Jan 25, 2021 06:00 am ET
Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.
• Offer to purchase Bonterra extended to March 29, 2021, allowing Bonterra shareholders to assess the relative performance of the two companies' fourth quarter and year end 2020 results
Jan 14, 2021 06:00 am ET
Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer
Combination Creates a Stronger Company with a Far Superior Future Markets are rewarding Consolidation with Share Price Appreciation CALGARY, AB, Jan. 14, 2021 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.
Jan 14, 2021 06:00 am ET
Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer
Combination Creates a Stronger Company with a Far Superior Future Markets are rewarding Consolidation with Share Price Appreciation CALGARY, AB, Jan. 14, 2021 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.
Jan 05, 2021 06:00 am ET
Obsidian Energy Announces First Half 2021 Drilling Program and Guidance
 $40 million capital in development and decommissioning program for first half 2021 Seven well drilling program builds on success of 2020 Willesden Green Cardium locations CALGARY, AB, Jan. 5, 2021 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced first half 2021 guidance as the Company continues to advance its development in the Cardium area. A total of $35 million in capital expenditures plus $5 million in decommissioning expenditures is currently budgeted for the first half of 2021, furthering the Company's Cardium development act
Jan 05, 2021 06:00 am ET
Obsidian Energy Announces First Half 2021 Drilling Program and Guidance
 $40 million capital in development and decommissioning program for first half 2021 Seven well drilling program builds on success of 2020 Willesden Green Cardium locations CALGARY, AB, Jan. 5, 2021 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced first half 2021 guidance as the Company continues to advance its development in the Cardium area. A total of $35 million in capital expenditures plus $5 million in decommissioning expenditures is currently budgeted for the first half of 2021, furthering the Company's Cardium developm
Dec 21, 2020 06:00 am ET
Obsidian Energy Announces Important Amendments to its Offer to Purchase the Shares of Bonterra Energy Corp.
Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp.*This news release contains multimedia – to view the full PDF version as it is intended, please click here.*
Dec 21, 2020 06:00 am ET
Obsidian Energy Announces Important Amendments to its Offer to Purchase the Shares of Bonterra Energy Corp.
Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp.*This news release contains multimedia – to view the full PDF version as it is intended, please click here.*
Nov 30, 2020 06:00 am ET
Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project
CALGARY, AB, Nov. 30, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced an update to its 2020 capital spending plan due to the re-initiation of our Cardium development program.
Nov 30, 2020 06:00 am ET
Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project
CALGARY, AB, Nov. 30, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced an update to its 2020 capital spending plan due to the re-initiation of our Cardium development program.
Nov 23, 2020 04:00 pm ET
Obsidian Energy Announces Voting Results from the 2020 Special Meeting of Shareholders
CALGARY, AB, Nov. 23, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") is pleased to announce that at its special meeting of shareholders held on November 23, 2020, Obsidian Energy's shareholders approved the resolution outlined in the Notice of 2020 Special Meeting and Management Proxy Circular dated October 16, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Nov 23, 2020 04:00 pm ET
Obsidian Energy Announces Voting Results from the 2020 Special Meeting of Shareholders
CALGARY, AB, Nov. 23, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") is pleased to announce that at its special meeting of shareholders held on November 23, 2020, Obsidian Energy's shareholders approved the resolution outlined in the Notice of 2020 Special Meeting and Management Proxy Circular dated October 16, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Nov 16, 2020 06:00 am ET
ISS and Glass Lewis Recommend Shareholders Vote FOR the Issuance of Shares to Purchase Bonterra Energy Corp.
CALGARY, AB, Nov. 16, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", "Company", "we", or "our") today announced that leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co ("Glass Lewis") both recommend that, at the Company's upcoming special meeting of shareholders on November 23, 2020 (the "Meeting"), Obsidian Energy shareholders vote FOR the resolution (the "Issuance Resolution") approving the issuance of up to 72,282,992 common shares of Obsidian Energy in connection with the Company's exchange
Nov 16, 2020 06:00 am ET
ISS and Glass Lewis Recommend Shareholders Vote FOR the Issuance of Shares to Purchase Bonterra Energy Corp.
CALGARY, AB, Nov. 16, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", "Company", "we", or "our") today announced that leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co ("Glass Lewis") both recommend that, at the Company's upcoming special meeting of shareholders on November 23, 2020 (the "Meeting"), Obsidian Energy shareholders vote FOR the resolution (the "Issuance Resolution") approving the issuance of up to 72,282,992 common shares of Obsidian Energy in connection with the Company's ex
Nov 02, 2020 06:00 am ET
/C O R R E C T I O N from Source -- Obsidian Energy Ltd./
In the news release, Obsidian Energy Announces Strong Third Quarter 2020 Results Driven by Successful First Half Development Program and Continued Improvements to our Cost Structure, issued 02-Nov-2020 by Obsidian Energy Ltd. over CNW, we are advised by the company that the date for the shareholder meeting should read "Monday, November 23, 2020" rather than "Friday, November 23, 2020" as originally issued inadvertently. The complete, corrected release follows:
Nov 02, 2020 06:00 am ET
Obsidian Energy Announces Strong Third Quarter 2020 Results Driven by Successful First Half Development Program and Continued Improvements to our Cost Structure
CALGARY, AB, Nov. 2, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces strong third quarter 2020 financial and operational results. Funds from Operations ("FFO") improved in the quarter as the success of our development program earlier in the year and our lower cost structure more than offset the impact of lower commodity prices, year over year.
Nov 02, 2020 06:00 am ET
Obsidian Energy Announces Strong Third Quarter 2020 Results Driven by Successful First Half Development Program and Continued Improvements to our Cost Structure
CALGARY, AB, Nov. 2, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces strong third quarter 2020 financial and operational results. Funds from Operations ("FFO") improved in the quarter as the success of our development program earlier in the year and our lower cost structure more than offset the impact of lower commodity prices, year over year.
Oct 29, 2020 05:09 pm ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility
CALGARY, AB, Oct. 29, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of our syndicated credit facility to January 29, 2021. The syndicated credit facility has an underlying borrowing base of $550 million and amount available to be drawn of $450 million which remains unchanged. Under the agreement, the syndicated credit facility continues to be available on a revolving basis until January 29, 2021, subject to further extensions, with the end date of the term period set at November 30, 2021. In connect
Oct 29, 2020 05:09 pm ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility
CALGARY, AB, Oct. 29, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of our syndicated credit facility to January 29, 2021. The syndicated credit facility has an underlying borrowing base of $550 million and amount available to be drawn of $450 million which remains unchanged. Under the agreement, the syndicated credit facility continues to be available on a revolving basis until January 29, 2021, subject to further extensions, with the end date of the term period set at November 30, 2021. In
Oct 14, 2020 07:00 am ET
Obsidian Energy Encourages Bonterra Shareholders to Create the Cardium Champion
Bonterra shareholders will benefit from being part of a stronger, more efficient Cardium ChampionThe combined entity has many positive attributes that lead to a clear path to significant share price appreciationBonterra has no standalone plan to create shareholder value; only to add more leverage and hope for better commodity prices which is clearly inferior to our OfferBonterra's Board is conflicted and not working in the best interest of its shareholdersObsidian Energy is encouraged by initial discussions with Bonterra shareholders since making the OfferProposed Bonterra EDC and BDC financ
Oct 14, 2020 07:00 am ET
Obsidian Energy Encourages Bonterra Shareholders to Create the Cardium Champion
Bonterra shareholders will benefit from being part of a stronger, more efficient Cardium ChampionThe combined entity has many positive attributes that lead to a clear path to significant share price appreciationBonterra has no standalone plan to create shareholder value; only to add more leverage and hope for better commodity prices which is clearly inferior to our OfferBonterra's Board is conflicted and not working in the best interest of its shareholdersObsidian Energy is encouraged by initial discussions with Bonterra shareholders since making the OfferProposed Bonterra EDC and BDC financ
Oct 01, 2020 08:00 am ET
Obsidian Energy Announces Alberta Site Rehabilitation Program Awards and Hedging Update
CALGARY, AB, Oct. 1, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our Alberta Site Rehabilitation Program ("ASRP") grant applications and to give details on additional commodity hedges made during the third quarter of this year.
Sep 21, 2020 08:00 am ET
Obsidian Energy Launches Exchange Offer for Bonterra Energy to Create the "Cardium Champion"
CALGARY, AB, Sept. 21, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that we have formally commenced our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX – BNE) ("Bonterra") for consideration consisting of two common shares of Obsidian Energy (the "Obsidian Shares") for each Bonterra Share tendered.
Sep 08, 2020 07:00 am ET
Obsidian Energy Announces Intention to Launch Exchange Offer for Bonterra Energy
Creates a Cardium Champion with enhanced scale and relevance
Sep 03, 2020 07:59 pm ET
Obsidian Energy Announces Extension to our Syndicated Credit Facility
CALGARY, AB, Sept. 3, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of our syndicated credit facility to October 31, 2020. The syndicated credit facility has an underlying borrowing base of $550 million and amount available to be drawn of $450 million which remains unchanged. Under the agreement, the syndicated credit facility continues to be available on a revolving basis until October 31, 2020, subject to further extensions, with the end date of the term period set at November 30, 2021. In connect
Aug 31, 2020 06:00 am ET
Obsidian Energy Proposes Combination Transaction to Bonterra Energy Corp.
CALGARY, AB, Aug. 31, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that it has sent the following letter to Bonterra Energy Corp. (TSX: BNE) ("Bonterra") proposing a combination transaction that would be expected to result in significant cost synergies and drive substantial accretion across all financial metrics for both Obsidian Energy and Bonterra.
Jul 30, 2020 07:37 pm ET
Obsidian Energy Announces Voting Results from the 2020 Annual and Special Meeting of Shareholders
CALGARY, AB, July 30, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF)  ("Obsidian Energy" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on July 30, 2020, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2020 Annual and Special Meeting and Management Proxy Circular dated June 15, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Jul 30, 2020 07:37 pm ET
Obsidian Energy Announces Voting Results from the 2020 Annual and Special Meeting of Shareholders
CALGARY, AB, July 30, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF)  ("Obsidian Energy" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on July 30, 2020, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2020 Annual and Special Meeting and Management Proxy Circular dated June 15, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Jul 30, 2020 07:30 am ET
Obsidian Energy Announces Second Quarter 2020 Financial and Operational Results
CALGARY, AB, July 30, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our second quarter 2020 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's unaudited interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the three and six months ended June 30, 2020 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
Jul 30, 2020 07:30 am ET
Obsidian Energy Announces Second Quarter 2020 Financial and Operational Results
CALGARY, AB, July 30, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our second quarter 2020 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's unaudited interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the three and six months ended June 30, 2020 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
Jul 27, 2020 09:24 pm ET
Obsidian Energy Provides Annual General Meeting Update and Webcast Details
CALGARY, AB, July 27 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT). The Meeting will take place at the Company's head office located at 200 – 207 9th Avenue S.W., Calgary, Alberta. Additionally, the Company will release our second quarter 2020 results on July 30, 2020.
Jul 27, 2020 09:24 pm ET
Obsidian Energy Provides Annual General Meeting Update and Webcast Details
CALGARY, AB, July 27 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT). The Meeting will take place at the Company's head office located at 200 – 207 9th Avenue S.W., Calgary, Alberta. Additionally, the Company will release our second quarter 2020 results on July 30, 2020.
Jul 13, 2020 12:56 am ET
Obsidian Energy Provides Additional Details to Proposed Long Term Incentive Plan Amendments
CALGARY, July 13, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is providing additional details to the proposed Long Term Incentive ("LTI") plan amendments to be voted on by shareholders at the July 30, 2020 Annual General Meeting (the "AGM").  The Company's LTI plan amendments are to the Restricted & Performance Share Unit Plan and the Stock Option Plan.
Jul 13, 2020 12:56 am ET
Obsidian Energy Provides Additional Details to Proposed Long Term Incentive Plan Amendments
CALGARY, July 13, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is providing additional details to the proposed Long Term Incentive ("LTI") plan amendments to be voted on by shareholders at the July 30, 2020 Annual General Meeting (the "AGM").  The Company's LTI plan amendments are to the Restricted & Performance Share Unit Plan and the Stock Option Plan.
Jun 22, 2020 11:32 pm ET
Obsidian Energy Provides Corporate and Operational Update
CALGARY, AB, June 22, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide a corporate and operational update. 
Jun 22, 2020 11:32 pm ET
Obsidian Energy Provides Corporate and Operational Update
CALGARY, AB, June 22, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide a corporate and operational update. 
Jun 16, 2020 07:00 am ET
OTC Markets Group Welcomes Obsidian Energy Ltd. to OTCQX
NEW YORK, June 16, 2020 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Obsidian Energy Ltd. (TSX: OBE; OTCQX: OBELF), an oil and gas producer in Western Canada, has qualified to trade on the OTCQX® Best Market. Obsidian Energy Ltd. upgraded to OTCQX from the OTCQB® Venture Market.
Jun 15, 2020 05:56 pm ET
Obsidian Energy to Commence Trading on the OTCQX
CALGARY, AB, June 15, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that our common shares will commence trading on the OTCQX market on June 16, 2020, under the same symbol it is currently trading (OBELF).
Jun 15, 2020 05:56 pm ET
Obsidian Energy to Commence Trading on the OTCQX
CALGARY, AB, June 15, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that our common shares will commence trading on the OTCQX market on June 16, 2020, under the same symbol it is currently trading (OBELF).
May 06, 2020 07:30 am ET
Obsidian Energy Announces First Quarter 2020 Financial and Operational Results
CALGARY, May 6, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQB – OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our first quarter 2020 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's unaudited interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the three months ended March 31, 2020 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
May 06, 2020 07:30 am ET
Obsidian Energy Announces First Quarter 2020 Financial and Operational Results
CALGARY, May 6, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQB – OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our first quarter 2020 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's unaudited interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the three months ended March 31, 2020 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
Apr 23, 2020 08:00 am ET
Obsidian Energy Provides Corporate and Operational Update
CALGARY, April 23, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX: OBE, OTCQB: OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") has taken further proactive action to shut-in currently uneconomic production with a focus on preserving its balance sheet and improving financial flexibility. Additionally, the Company releases the date of its first quarter 2020 results.
Apr 23, 2020 08:00 am ET
Obsidian Energy Provides Corporate and Operational Update
CALGARY, April 23, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE, OTCQB: OBEL) ("Obsidian Energy", the "Company", "we", "us" or "our") has taken further proactive action to shut-in currently uneconomic production with a focus on preserving its balance sheet and improving financial flexibility. Additionally, the Company releases the date of its first quarter 2020 results.
Apr 01, 2020 07:04 pm ET
Obsidian Energy Announces Delisting from the NYSE with United States Trading to Commence on the OTCQB under the Ticker Symbol OBELF
CALGARY, April 1, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification from the New York Stock Exchange (the "NYSE") that the Company has not regained compliance with the NYSE's continued listing standard regarding share price pursuant to Rule 802.01C of the NYSE's Listed Company Manual. As a result, OBE.BC shares have been suspended from trading on the NYSE effective immediately. To facilitate trading for our United States based shareholders, Obsidian Energy's common shares will begin trading on the OTCQB under the symbo
Apr 01, 2020 07:04 pm ET
Obsidian Energy Announces Delisting from the NYSE with United States Trading to Commence on the OTCQB under the Ticker Symbol OBELF
CALGARY, April 1, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification from the New York Stock Exchange (the "NYSE") that the Company has not regained compliance with the NYSE's continued listing standard regarding share price pursuant to Rule 802.01C of the NYSE's Listed Company Manual. As a result, OBE.BC shares have been suspended from trading on the NYSE effective immediately. To facilitate trading for our United States based shareholders, Obsidian Energy's common shares will begin trading on the OTCQB under th
Mar 30, 2020 07:38 pm ET
Obsidian Energy Confirms Filing of its 2019 Year End Disclosure Documents
CALGARY, March 30, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", "we", "us" or "our") announces that we have filed with Canadian securities regulatory authorities our audited Consolidated Financial Statements for the year ended December 31, 2019 and related Management's Discussion and Analysis.  Obsidian Energy has also filed our Annual Information Form for the year ended December 31, 2019, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's
Mar 30, 2020 07:38 pm ET
Obsidian Energy Confirms Filing of its 2019 Year End Disclosure Documents
CALGARY, March 30, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", "we", "us" or "our") announces that we have filed with Canadian securities regulatory authorities our audited Consolidated Financial Statements for the year ended December 31, 2019 and related Management's Discussion and Analysis.  Obsidian Energy has also filed our Annual Information Form for the year ended December 31, 2019, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian En
Mar 29, 2020 10:09 pm ET
Obsidian Energy Announces Completion of Agreements with our Banking Syndicate, Noteholders and Landlord
CALGARY, March 29, 2020 /CNW/ -OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce completion of agreements with our lenders and building landlord. All figures are in Canadian dollars unless otherwise stated.
Mar 29, 2020 10:09 pm ET
Obsidian Energy Announces Completion of Agreements with our Banking Syndicate, Noteholders and Landlord
CALGARY, March 29, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce completion of agreements with our lenders and building landlord. All figures are in Canadian dollars unless otherwise stated.
Mar 15, 2020 11:14 pm ET
Obsidian Energy Announces New Senior Note Maturity Dates, Amendments to our Financial Covenants and Agreement with Landlord on Renewed Lease Terms
CALGARY, March 15, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces further to our press release on March 4, 2020 that we have reached an agreement with our noteholders to amend the senior note agreements to align all note maturity dates to November 30, 2021. In addition, the Company has reached an agreement with its building landlord on renewed lease terms for its Calgary office space.
Mar 15, 2020 11:14 pm ET
Obsidian Energy Announces New Senior Note Maturity Dates, Amendments to our Financial Covenants and Agreement with Landlord on Renewed Lease Terms
CALGARY, March 15, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces further to our press release on March 4, 2020 that we have reached an agreement with our noteholders to amend the senior note agreements to align all note maturity dates to November 30, 2021. In addition, the Company has reached an agreement with its building landlord on renewed lease terms for its Calgary office space.
Mar 04, 2020 06:34 pm ET
Obsidian Energy Announces an Update to its Syndicated Credit Facility
CALGARY, March 4, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that, further to our press release on February 27, 2020, we have reached an agreement with our syndicated credit facility lenders to extend the date by which certain conditions are required to be met from March 4, 2020 to March 13, 2020. Those conditions include:
Feb 27, 2020 03:47 pm ET
Obsidian Energy Announces an Extension and Updates to its Syndicated Credit Facility
CALGARY, Feb. 27, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility set at $550 million and $450 million, respectively, subject to specific items being amended as discussed below. The amount available under the syndicated credit facility has been reduced by $10 million to the aforementioned $450 million level. Additional terms in the amending agreement are as follows:
Feb 06, 2020 06:00 am ET
Obsidian Energy Releases 2019 Reserves Results
CALGARY, Feb. 6, 2020  /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to release its year-end 2019 independent reserves evaluation.
Jan 21, 2020 04:00 pm ET
Obsidian Energy Provides Year-end 2019 Production and Reconfirmation of Existing Credit Facility
CALGARY, Jan. 21, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its year-end 2019 production numbers as well as the reconfirmation of its existing credit facility.
Jan 16, 2020 08:25 pm ET
Obsidian Energy Provides Operational and Hedging Update
CALGARY, Jan. 16, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our Cardium development program which continues to demonstrate encouraging results as we initiate our 2020 drilling campaign. Additionally, the Company provides the details of recently added hedges to our 2020 program.   
Dec 02, 2019 06:00 am ET
Obsidian Energy Appoints Stephen Loukas Interim President & CEO and Makes Other Appointments to Management Team including Peter Scott as the Senior Vice President, CFO; Announces Reconfirmation of the
CALGARY, Dec. 2, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the appointment of Stephen E. Loukas as Interim President and CEO, effective December 5, 2019. Mr. Loukas will succeed current Interim President and CEO, Michael J. Faust, who will return to his prior position of Independent Director and take on new responsibilities as Chair of the Commercial Committee.
Nov 04, 2019 06:00 am ET
Obsidian Energy Announces Third Quarter 2019 Financial and Operational Results and Updates 2019 Guidance
CALGARY, Nov. 4, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019. All figures are in Canadian dollars unless otherwise stated.
Nov 04, 2019 06:00 am ET
Obsidian Energy Announces Third Quarter 2019 Financial and Operational Results and Updates 2019 Guidance
CALGARY, Nov. 4, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019. All figures are in Canadian dollars unless otherwise stated.
Oct 21, 2019 04:30 pm ET
Obsidian Energy Announces Date of Third Quarter Results and Resignation of CFO
CALGARY, Oct. 21, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the reporting date of its upcoming third quarter 2019 financial and operating results and the resignation of its Chief Financial Officer.
Oct 21, 2019 04:30 pm ET
Obsidian Energy Announces Date of Third Quarter Results and Resignation of CFO
CALGARY, Oct. 21, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the reporting date of its upcoming third quarter 2019 financial and operating results and the resignation of its Chief Financial Officer.
Oct 01, 2019 05:00 pm ET
Obsidian Energy Receives Continued Listing Standard Notification from the New York Stock Exchange
CALGARY, Oct. 1, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification on October 1, 2019, from the New York Stock Exchange (the "NYSE") that the Company is no longer in compliance with one of the NYSE's continued listing standards because the average closing price of Obsidian Energy's common shares was less than US$1.00 per share over a consecutive 30 trading day period. As of September 27, 2019, the average closing price of Obsidian Energy's common shares over the preceding consecutive 30 trading day perio
Oct 01, 2019 05:00 pm ET
Obsidian Energy Receives Continued Listing Standard Notification from the New York Stock Exchange
CALGARY, Oct. 1, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification on October 1, 2019, from the New York Stock Exchange (the "NYSE") that the Company is no longer in compliance with one of the NYSE's continued listing standards because the average closing price of Obsidian Energy's common shares was less than US$1.00 per share over a consecutive 30 trading day period. As of September 27, 2019, the average closing price of Obsidian Energy's common shares over the preceding consecutive 30 trading da
Sep 30, 2019 07:00 am ET
Obsidian Energy Provides Operational Update
CALGARY, Sept. 30, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on its Cardium development program and hedging portfolio.
Sep 30, 2019 07:00 am ET
Obsidian Energy Provides Operational Update
CALGARY, Sept. 30, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on its Cardium development program and hedging portfolio.
Sep 10, 2019 06:30 am ET
Obsidian Energy Initiates Formal Strategic Alternatives Process
CALGARY, Sept. 10, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the Board of Directors (the "Board") has determined that it is in the best interest of the Company and its stakeholders to initiate a formal process to explore strategic alternatives.
Sep 10, 2019 06:30 am ET
Obsidian Energy Initiates Formal Strategic Alternatives Process
CALGARY, Sept. 10, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the Board of Directors (the "Board") has determined that it is in the best interest of the Company and its stakeholders to initiate a formal process to explore strategic alternatives.
Aug 28, 2019 06:30 am ET
Obsidian Energy Announces Termination of Agreement to Dispose of its Interest in the Peace River Oil Partnership
CALGARY, Aug. 28, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the purchase and sale agreement providing for the sale of our 55 percent interest in the Peace River Oil Partnership (the "Partnership") to a third party has been terminated.
Aug 28, 2019 06:30 am ET
Obsidian Energy Announces Termination of Agreement to Dispose of its Interest in the Peace River Oil Partnership
CALGARY, Aug. 28, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the purchase and sale agreement providing for the sale of our 55 percent interest in the Peace River Oil Partnership (the "Partnership") to a third party has been terminated.
Aug 14, 2019 06:30 am ET
Obsidian Energy Announces Second Quarter 2019 Financial and Operational Results
CALGARY, Aug. 14, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and six months ended June 30, 2019. All figures are in Canadian dollars unless otherwise stated.
Aug 14, 2019 06:30 am ET
Obsidian Energy Announces Second Quarter 2019 Financial and Operational Results
CALGARY, Aug. 14, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and six months ended June 30, 2019. All figures are in Canadian dollars unless otherwise stated.
Aug 13, 2019 06:30 am ET
Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition
CALGARY, Aug. 13, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively. The revolving period ends on February 28, 2020 with revolving period reconfirmation dates on November 19, 2019 and January 20, 2020. Under the agreement, the term-out period is extended to November 30, 2020.
Aug 13, 2019 06:30 am ET
Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition
CALGARY, Aug. 13, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively. The revolving period ends on February 28, 2020 with revolving period reconfirmation dates on November 19, 2019 and January 20, 2020. Under the agreement, the term-out period is extended to November 30, 2020.
Aug 06, 2019 04:32 pm ET
Obsidian Energy Announces Date of Second Quarter 2019 Financial and Operational Results
CALGARY, Aug. 6, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces reporting date of its second quarter 2019 financial and operational results.
Aug 06, 2019 04:32 pm ET
Obsidian Energy Announces Date of Second Quarter 2019 Financial and Operational Results
CALGARY, Aug. 6, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces reporting date of its second quarter 2019 financial and operational results.
Jul 23, 2019 07:09 pm ET
Obsidian Energy Regains Compliance with the New York Stock Exchange's Continued Listing Standard
CALGARY, July 23, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification from the New York Stock Exchange (the "NYSE") that we have regained compliance with the NYSE's continued listing standard regarding the price of Obsidian Energy's common shares.
Jul 23, 2019 07:09 pm ET
Obsidian Energy Regains Compliance with the New York Stock Exchange's Continued Listing Standard
CALGARY, July 23, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification from the New York Stock Exchange (the "NYSE") that we have regained compliance with the NYSE's continued listing standard regarding the price of Obsidian Energy's common shares.
Jul 01, 2019 06:30 am ET
Obsidian Energy Announces Extension of Syndicated Credit Facility Redetermination Date
CALGARY, July 1, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the Company's banking syndicate has extended the syndicated credit facility redetermination date until August 30, 2019 as we progress through the necessary provisions in regard to the Peace River Oil Partnership ("PROP") disposition and continue to evaluate the potential of an unsecured bond offering, which remains subject to market conditions and acceptable terms. The borrowing base under the syndicated credit facility continues to be $550 million w
Jul 01, 2019 06:30 am ET
Obsidian Energy Announces Extension of Syndicated Credit Facility Redetermination Date
CALGARY, July 1, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the Company's banking syndicate has extended the syndicated credit facility redetermination date until August 30, 2019 as we progress through the necessary provisions in regard to the Peace River Oil Partnership ("PROP") disposition and continue to evaluate the potential of an unsecured bond offering, which remains subject to market conditions and acceptable terms. The borrowing base under the syndicated credit facility continues to be $550 mi
Jun 05, 2019 04:36 pm ET
Obsidian Energy Announces Voting Results from the 2019 Annual and Special Meeting of Shareholders and Details on Share Consolidation
CALGARY, June 5, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on June 5, 2019, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2019 Annual and Special Meeting and Management Proxy Circular dated April 15, 2019 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com 
Jun 03, 2019 06:30 am ET
Obsidian Energy Announces Extension of Syndicated Credit Facility Redetermination Date
CALGARY, June 3, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the Company's banking syndicate has extended the syndicated credit facility redetermination date until June 30, 2019 as the Company completes marketing of its previously announced unsecured bond offering and as our partner progresses through its right of first refusal and tag-along provisions in regard to the Peace River Oil Partnership disposition. The completion of an unsecured bond offering is subject to market conditions and acceptable terms. Pro
May 19, 2019 10:00 pm ET
Obsidian Energy Announces Fixed Income Investor Meetings
CALGARY, May 19, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the following:
May 19, 2019 10:00 pm ET
Obsidian Energy Announces Fixed Income Investor Meetings
CALGARY, May 19, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the following:
May 17, 2019 06:30 am ET
Obsidian Energy Announces Proposed Sale of its 55% Working Interest in the Peace River Oil Partnership
CALGARY, May 17, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") to sell its 55% working interest in the Peace River Oil Partnership ("PROP") for total consideration of approximately $97 million, before normal closing adjustments. Total consideration includes $85.8 million in cash and cash equivalents, with the remainder comprised of purchasers' shares and the present value of additional liabilities. The Agreement is subject to financing an
May 17, 2019 06:30 am ET
Obsidian Energy Announces Proposed Sale of its 55% Working Interest in the Peace River Oil Partnership
CALGARY, May 17, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") to sell its 55% working interest in the Peace River Oil Partnership ("PROP") for total consideration of approximately $97 million, before normal closing adjustments. Total consideration includes $85.8 million in cash and cash equivalents, with the remainder comprised of purchasers' shares and the present value of additional liabilities. The Agreement is subject to finan
May 10, 2019 06:30 am ET
Obsidian Energy Announces First Quarter 2019 Financial and Operational Results
CALGARY, May 10, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three months ended March 31, 2019. All figures are in Canadian dollars unless otherwise stated.
May 10, 2019 06:30 am ET
Obsidian Energy Announces First Quarter 2019 Financial and Operational Results
CALGARY, May 10, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three months ended March 31, 2019. All figures are in Canadian dollars unless otherwise stated.
May 02, 2019 04:30 pm ET
Obsidian Energy Announces Conference Call Details to Discuss its First Quarter 2019 Results
CALGARY, May 2, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is expected to release its first quarter 2019 financial and operational results before North American markets open on Friday, May 10, 2019. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov in due course.
May 02, 2019 04:30 pm ET
Obsidian Energy Announces Conference Call Details to Discuss its First Quarter 2019 Results
CALGARY, May 2, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is expected to release its first quarter 2019 financial and operational results before North American markets open on Friday, May 10, 2019. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov in due course.
Apr 16, 2019 06:30 am ET
Obsidian Energy Announces an Operational Update on Cardium Drilling Program
CALGARY, April 16, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an operational update on our Cardium drilling program.
Apr 16, 2019 06:30 am ET
Obsidian Energy Announces an Operational Update on Cardium Drilling Program
CALGARY, April 16, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an operational update on our Cardium drilling program.
Mar 07, 2019 05:46 pm ET
Obsidian Energy Confirms Filing of Its 2018 Year-End Disclosure Documents
CALGARY, March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2018 and related Management's Discussion and Analysis.  Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2018, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Energy's An
Mar 07, 2019 05:46 pm ET
Obsidian Energy Confirms Filing of Its 2018 Year-End Disclosure Documents
CALGARY, March 7, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2018 and related Management's Discussion and Analysis.  Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2018, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Obsidian Ener
Mar 07, 2019 05:33 am ET
Obsidian Energy Appoints Michael Faust as Interim President and Chief Executive Officer
CALGARY, March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced the appointment of Michael J. Faust as interim President and CEO, effective March 18, 2019 for a period of twelve months with an optional six-month extension. Mr. Faust will succeed current President and CEO, David French, who will step down from the Company effective March 29, 2019. Mr. French will not stand for reelection as a director at the Company's Annual General Meeting.
Mar 07, 2019 05:33 am ET
Obsidian Energy Appoints Michael Faust as Interim President and Chief Executive Officer
CALGARY, March 7, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced the appointment of Michael J. Faust as interim President and CEO, effective March 18, 2019 for a period of twelve months with an optional six-month extension. Mr. Faust will succeed current President and CEO, David French, who will step down from the Company effective March 29, 2019. Mr. French will not stand for reelection as a director at the Company's Annual General Meeting.
Mar 07, 2019 05:30 am ET
Obsidian Energy Announces Year-End 2018 Financial and Operational Results; Divests Non-Core Asset; Proposes 7:1 Common Share Consolidation; and Announces David French to Step Down as President and CE
CALGARY, March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its year-end 2018 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's audited consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the year-ended December 31, 2018 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
Mar 07, 2019 05:30 am ET
Obsidian Energy Announces Year-End 2018 Financial and Operational Results; Divests Non-Core Asset; Proposes 7:1 Common Share Consolidation; and Announces David French to Step Down as President and CE
CALGARY, March 7, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its year-end 2018 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's audited consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the year-ended December 31, 2018 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course.
Mar 01, 2019 05:30 am ET
Obsidian Energy Announces Conference Call Details to Discuss its Year-End 2018 Results
CALGARY, March 1, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is expected to release its financial and operational results for the year ended December 31, 2018 before North American markets open on Thursday, March 7, 2019. In addition, the year ended management's discussion and analysis and the audited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on the same date.
Mar 01, 2019 05:30 am ET
Obsidian Energy Announces Conference Call Details to Discuss its Year-End 2018 Results
CALGARY, March 1, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is expected to release its financial and operational results for the year ended December 31, 2018 before North American markets open on Thursday, March 7, 2019. In addition, the year ended management's discussion and analysis and the audited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov on the same date.
Feb 21, 2019 05:30 am ET
Obsidian Energy Announces Gordon Ritchie to replace Jay W. Thornton as Chairman of the Board of Directors
CALGARY, Feb. 21, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that Gordon Ritchie will replace Jay W. Thornton as Chairman of the Board of Directors (the "Board"). Mr. Thornton has resigned his Board position effective as of the close of business on Wednesday, February 20, 2019 due to personal reasons.
Feb 21, 2019 05:30 am ET
Obsidian Energy Announces Gordon Ritchie to replace Jay W. Thornton as Chairman of the Board of Directors
CALGARY, Feb. 21, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that Gordon Ritchie will replace Jay W. Thornton as Chairman of the Board of Directors (the "Board"). Mr. Thornton has resigned his Board position effective as of the close of business on Wednesday, February 20, 2019 due to personal reasons.
Feb 11, 2019 05:30 am ET
Obsidian Energy Releases 2018 Reserves Results, Announces Company Update and Revises 2019 Guidance
CALGARY, Feb. 11, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to release its year-end 2018 independent reserves evaluation and provide Company updates on our recent drilling results, marketing and hedging portfolio, 2019 development and guidance revisions.
Feb 11, 2019 05:30 am ET
Obsidian Energy Releases 2018 Reserves Results, Announces Company Update and Revises 2019 Guidance
CALGARY, Feb. 11, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to release its year-end 2018 independent reserves evaluation and provide Company updates on our recent drilling results, marketing and hedging portfolio, 2019 development and guidance revisions.
Dec 17, 2018 05:30 am ET
Obsidian Energy Announces an Increase in its Syndicated Credit Facility and Provides an Operational Update
CALGARY, Dec. 17, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that its semi-annual borrowing base redetermination has resulted in a $30 million increase to its syndicated credit facility to $470 million. Additionally, Obsidian Energy provides an update on our latest Cardium drilling activity.
Dec 17, 2018 05:30 am ET
Obsidian Energy Announces an Increase in its Syndicated Credit Facility and Provides an Operational Update
CALGARY, Dec. 17, 2018 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that its semi-annual borrowing base redetermination has resulted in a $30 million increase to its syndicated credit facility to $470 million. Additionally, Obsidian Energy provides an update on our latest Cardium drilling activity.
Nov 15, 2018 05:30 am ET
Obsidian Energy Announces 2019 Outlook and Hosts Investor Day Presentation
CALGARY, Nov. 15, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces its 2019 outlook. Obsidian Energy will be hosting its Investor Day Presentation later this morning to discuss the third quarter results disclosed last week, plans for 2019, the potential of our Cardium asset base and long-term strategy.
Nov 15, 2018 05:30 am ET
Obsidian Energy Announces 2019 Outlook and Hosts Investor Day Presentation
CALGARY, Nov. 15, 2018 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces its 2019 outlook. Obsidian Energy will be hosting its Investor Day Presentation later this morning to discuss the third quarter results disclosed last week, plans for 2019, the potential of our Cardium asset base and long-term strategy.
Nov 08, 2018 05:30 am ET
Obsidian Energy Announces Third Quarter 2018 Financial and Operational Results
CALGARY, Nov. 8, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2018. All figures are in Canadian dollars unless otherwise stated.
Nov 08, 2018 05:30 am ET
Obsidian Energy Announces Third Quarter 2018 Financial and Operational Results
CALGARY, Nov. 8, 2018 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2018. All figures are in Canadian dollars unless otherwise stated.

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