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Obsidian Energy Receives Solid Value From Its Sale Of InPlay Oil Shares

Source: SeekingAlpha

2025-09-10 18:31:51 ET

Obsidian Energy Ltd. ( OBE )( OBE:CA ) has significantly reduced its net debt through the sale of its stake in InPlay Oil Corp. ( IPOOF )( IPO:CA ). It has also been repurchasing/redeeming its 11.95% unsecured notes due 2027 and repurchasing significant numbers of shares....

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Obsidian Energy Receives Solid Value From Its Sale Of InPlay Oil Shares
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