OBELF - After Failed Merger Proposal Obsidian Energy Remains A Risky Bet On Oil Prices
- Obsidian Energy let its merger offer for Bonterra Energy expire.
- The current oil pricing environment has become favorable to Obsidian.
- Yet, the situation remains risky for shareholders.
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After Failed Merger Proposal, Obsidian Energy Remains A Risky Bet On Oil Prices