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Generated funds flow from operations of $87.4 million during the quarter, resulting in free cash flow of $43.0 million Achieved robust production results from 11 new wells drilled on the western side of our Viking play, reaching an average daily peak rate per well of 293 boe/d for the program ...
Calgary, Alberta--(Newsfile Corp. - July 24, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces that we expect to release our second quarter 2023 financial and operational results before North American markets...
Corporate presentation and management webcast available for replay on website Calgary, Alberta--(Newsfile Corp. - June 12, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that at our annual an...
2023-06-01 04:51:17 ET Summary The Albertan wildfires may reduce Obsidian's Q2 2023 production by over 2,000 BOEPD, while impacting its full-year production by around 600 BOEPD. This (and lower commodity prices) reduces my estimates for Obsidian's 2023 FCF to US$45 million. Ob...
Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces an increase to our syndicated credit facility and provides an update on both the results of our first half 2023 Vi...
Calgary, Alberta--(Newsfile Corp. - May 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to provide an update on the status of our operations impacted by recent Alberta wildfires. Widespread rain over...
2023-05-19 17:56:24 ET The number of wildfires in Canada's Alberta province continued to rise Friday to 94, including 26 considered out of control, shutting ~240K boe/day of energy production - and perhaps more than 300K - consultant Rystad Energy estimated. Research firm Enervus sa...
Calgary, Alberta--(Newsfile Corp. - May 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to provide an update on the status of temporarily shut-in operations due to the impact of recent Alberta wildfire...
2023-05-16 18:54:30 ET In an update on operations affected by the Alberta wildfires, Obsidian Energy ( OBE ) said Tuesday that 9,700 boe/day of production remains curtailed across Peace River and Pembina. Obsidian ( OBE ) said the Harmon Valley South field is being restarted...
Calgary, Alberta--(Newsfile Corp. - May 16, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") provides an update on operations and employees impacted by recent Alberta wildfires. We continue to monitor the ongoing wi...
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Commences Restart of Production at our Harmon Valley South field Calgary, Alberta--(Newsfile Corp. - June 11, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“ Obsidian Energy ”, the “ Company ”, “ we ” or “ our ”) today ann...
• Peace River Peavine and Gift Lake acquisition provides additional production, reserves and development potential along the Clearwater trend from our successful Dawson field • 2024 Guidance revised to reflect the acquisition, reduced capital expenditures and higher av...
Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date Robust results from our Peace River Dawson Clearwater development area are encouraging with 1,330 boe/d produc...