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Strong second quarter average production of 31,575 boe/d, an increase of 28 percent over 2021 Rig-released 11 wells (11 net) and brought 16 wells (15.7 net) on production in the quarter Second quarter funds flow from operations was $157.0 million Calgary, Alberta--(Newsfile Corp. - ...
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces that it has successfully closed the previously announced private placement offering (the " Offering ") of $127...
Highest average quarterly production level since 2017 at 31,575 boe/d in the second quarter First half development program completed with strong results Calgary, Alberta--(Newsfile Corp. - July 14, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", th...
Even during today’s market correction, there are growth stocks out there up 30% right now and sometimes even higher. And no, these aren’t penny stocks that move a few cents and double in share price. These are strong companies that analysts continue to see as strong buys. ...
The TSX’s energy sector made a resounding comeback in 2021 following a severe beating in 2020. The sector’s annualized price return last year was 41.8% compared to -30.8% in the prior year. In 2022, the bull run continues because of tight supply and Western sanctions on Ru...
New corporate presentation and management webcast available for replay on website Calgary, Alberta--(Newsfile Corp. - June 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that at it...
2022 guidance increased to an average production range of 31,500 to 32,500 boe/d based on expanded capital development program Second half 2022 four-rig drilling program includes 38 operated wells (35.5 net) of which 26 wells (24.1 net) are expected to be on production by year-end Ful...
There have already been some strong movers on the TSX today that Motley Fool investors should pay close attention to. But not all are created equal. Today, I’m going to go over three growth stocks that are up by a mile, and I would still buy, even today. Lightspeed stock ...
Syndicated credit facility revolving period extended to July 15, 2022, to accommodate timing of debt refinancing Return to development drilling in Viking area Calgary, Alberta--(Newsfile Corp. - May 31, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy "...
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...
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Strong second quarter average production of 31,575 boe/d, an increase of 28 percent over 2021 Rig-released 11 wells (11 net) and brought 16 wells (15.7 net) on production in the quarter Second quarter funds flow from operations was $157.0 million Calgary, Alberta--(Newsfile Corp. - ...
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces that it has successfully closed the previously announced private placement offering (the " Offering ") of $127...
Highest average quarterly production level since 2017 at 31,575 boe/d in the second quarter First half development program completed with strong results Calgary, Alberta--(Newsfile Corp. - July 14, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", th...