OBE:CC News and Press, Obsidian Energy Ltd. From 05/30/22

The TSX’s energy sector was the worst performer in 2020, losing 30.8% due to the significant drop in oil demand and the global pandemic. Fast forward to 2022, and the fortunes of oil stocks have changed. The year-to-date gain is now 65.14%, an overwhelming lead over materials...

Strong first quarter average production of 29,407 boe/d; current production further grew to 33,000 boe/d based on recent drilling success Active first half four-rig drilling program with 19 operated wells (18.5 net) rig-released in the quarter and 14 wells (13.5 net) now on production ...

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 mark...

Small-cap stocks generally outperform large caps in bull markets. This was recently seen in the TSX energy names, where the sector as a whole has been sitting on a handsome gain. However, small-cap TSX energy stocks have substantially outperformed larger peers. For example, so far this year...

All 2021 development drilling program wells on production 8 wells from 2022 first half development program on production with an additional 7 expected in the second quarter 2022 production guidance range increased by 1,000 boe/d to 30,100 to 31,100 boe/d with first quarter production ...