OBELF News and Press, Obsidian Energy Ltd. From 11/08/21

Successful drilling results to date in the second half 2021 drilling program Continued debt pay down and higher funds flow from operations Acquisition of remaining Peace River Oil Partnership ownership subsequent to the quarter Calgary, Alberta--(Newsfile Corp. - November 8, 2021) ...

Obsidian is paying US$35 million to purchase the remaining 45% interest in the Peace River Oil Partnership. This price could end up at US$29 million after customary purchase price adjustments. The 45% interest in PROP may generate US$20 million forward-year EBITDAX at current stri...

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Nov. 04, 2021 (GLOBE NEWSWIRE) -- OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQX – OBELF) (“ Obsidian Energy ”, the “ Company ”, “ we &#...

Obsidian Energy (OTCQX:OBELF) filed for prelim short form prospectus for marketed equity offering of subscription receipts for minimum gross proceeds of $22.5M; agents granted 30-days option to purchase additional 15% of subscription receipts. The proceeds will be used to pay for acquisi...

Proceeds to pay for acquisition of 45 percent partnership interest in Peace River Oil Partnership Calgary, Alberta--(Newsfile Corp. - November 2, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announ...

Acquisition to provide additional production and reserves, full operational and funding control Increased third quarter funds flow from operations from higher commodity prices and dedicated focus on managing cost structure Calgary, Alberta--(Newsfile Corp. - November 2, 2021) - OBSIDI...

Production guidance increased to 24,300 - 24,500 boe/d Accelerated three wells from our 2022 program into 2021, remaining within our capital guidance Stephen Loukas employment contract extended to December 31, 2022 Calgary, Alberta--(Newsfile Corp. - October 27, 2021) - OBSIDIAN ENE...

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 ...

Second half drilling program proceeding with two rigs active in our Cardium asset Full-year 2021 production tracking to high end of guidance Interim President and CEO Stephen Loukas extended through 2021 Company to present at Peters & Co. Annual Energy Conference on September 16...

  Successful completion of first half and an early start to the second half 2021 drilling program Continued debt paydown and higher funds flow from operations Calgary, Alberta--(Newsfile Corp. - July 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy...