OBELF News and Press, Obsidian Energy Ltd. From 06/06/21

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) opened lower last Friday (June 4), trading at 20,021.98. It closed the week slightly higher at 20,031.87. The index was supported by energy and gold stocks, which rose as commodity prices gained. The gold price was...

Successful completion of nine well, first half 2021 drilling program in Cardium Robust initial well results with first five wells on-stream; completion activity commenced on remaining four wells Free cash flow generation results in lower net debt Calgary, Alberta--(Newsfile Corp. ...

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 op...

Obsidian has too much debt. Obsidian needs to use virtually all its cash flow to maintain production. Absent much higher prices, OBE looks like dead money. For further details see: Dump Obsidian, There Are Better Names

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. For further details see: After Failed Merger Proposal, Obsidian Energy Remains A Risk...

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 (t...

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...

Obsidian Energy (OBELF): Q4 GAAP EPS of $0.01.Cash flow from Operations of C$11.1M, with funds from ops of C$26.4M.Press Release For further details see: Obsidian Energy reports Q4 results

Strong 2020 operational performance drives improved cost metrics and debt reduction Robust well results to date from first half 2021 development program 2021 capital budget set at $127 million with decommissioning budget of $8 million Calgary, Alberta--(Newsfile Corp. - March 29,...

Maturity dates of both credit facility and senior notes extended to November 2022 Calgary, Alberta--(Newsfile Corp. - March 26, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that the Company ha...