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home / news releases / OBELF - Obsidian Energy: Net Debt May Be Reduced To $200 Million By End Of 2022

OBELF - Obsidian Energy: Net Debt May Be Reduced To $200 Million By End Of 2022

Obsidian Energy Ltd.
  • Obsidian Energy is projected to end 2021 with around $320 million USD in net debt.
  • At current strip it appears capable of reducing this to around $200 million USD by the end of 2022.
  • This would put its leverage at around 0.8x 2022 EBITDAX.
  • Obsidian's estimated value is around $5 USD with $200 million USD in net debt and long-term $60 WTI oil beyond 2022.

For further details see:

Obsidian Energy: Net Debt May Be Reduced To $200 Million By End Of 2022
Stock Information
Company Name: Obsidian Energy Ltd.
Stock Symbol: OBELF
Market: OTC
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