OBE News and Press, Obsidian Energy Ltd. From 05/07/25

Closed $320 million divestiture of Pembina assets on April 7, 2025, with cash proceeds used to reduce debt level Completed first quarter program with 26 (24.4 net) operated wells rig released and 19 (17.9 net) operated wells brought on production Responded to the market environment by r...

2025-05-06 12:34:53 ET More on Obsidian Energy Obsidian Energy Reduces Its Debt Through Its Pembina Asset Sale Obsidian Energy: No More Debt Worries Obsidian Energy to sell operated Pembina assets in $320M deal Read the full article on Seeking Alpha F...

Calgary, Alberta--(Newsfile Corp. - April 30, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") expects to release our first quarter 2025 financial and operational results (the " Release ") before North American market...

2025-04-30 11:43:39 ET Summary Obsidian Energy sold Pembina assets for CAD 320 million, with over 65% of the consideration in cash. This helped Obsidian reduce its net debt by over 50% and pay down most of its credit facility debt. Obsidian's financial health has improved, but...

2025-04-20 06:58:43 ET Summary Obsidian Energy now has profitable prospects, including the Clearwater area acquisition. The company has diversified production with both heavy and light oil. Recent disposition yielded C$220 million, with roughly half allocated to debt reduction...

Provides Update on Syndicated Credit Facility Calgary, Alberta--(Newsfile Corp. - April 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that we have closed our previously announced d...

2025-04-07 11:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

Calgary, Alberta--(Newsfile Corp. - March 14, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") today provides an update on the previously announced offer (the " Offer ") to purchase for cash, up to an aggregate amount o...

Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - 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 $3.0...

Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - 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 Sta...