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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...
The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending down early on Friday (February 26) at 18,148.71. It ultimately closed the week at 18,040.02. On Thursday (February 25), the index posted its worst day in nearly a month as weaker oil prices put pressure on ene...
Calgary, Alberta--(Newsfile Corp. - February 24, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces an extension of our syndicated credit facility to March 31, 2021 and provides a hedging update. CREDIT FACILI...
Total 1P and 2P reserves and reserve life indices increased over 2019 Cardium asset reserves replaced 149 percent and 164 percent of associated 2020 production on a 1P and 2P basis, respectively Strong future growth potential with 18 percent increase in undeveloped reserve locations...
Calgary, Alberta--(Newsfile Corp. - January 28, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces the extension of our syndicated credit facility to February 26, 2021 and provides an operational update on ...
Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp. Canada NewsWire • Offer to purchase Bonterra extended to March 29, 2021 , allowing Bonterra shareholders to assess the relative performance of the two compan...
Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer PR Newswire Combination Creates a Stronger Company with a Far Superior Future Markets are rewarding Consolidation with Share Price Appreciation ...
Higher oil prices have caused many investors to fear shale operators will drill themselves into insolvency once again. Rig counts do not support that, and thus far neither does forward guidance. Notably though, Canadian E&Ps seem a little more aggressive. Most companies will r...
The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending down early last Friday (January 8) at 17,992.68, but ended the day up at 18,034.82. After breaking 18,000 during the previous session, a record closing high, the index pulled back momentarily as it was weighed d...
Obsidian Energy ([[OBELF]] +75.1%) shares soar to the highest in nearly a year after the company issues H1 2021 guidance including C$40M in capital spending and decommissioning, with production of 23K-23.4K boe/day.The company says it plans to further Cardium development activity in Willesden...
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Calgary, Alberta--(Newsfile Corp. - January 26, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that the NYSE American LLC (" NYSE American ") has approved the listing of the Company's common shar...
Initial 2022 capital program of $143 to $149 million with opportunity for second half expansion 19 well Cardium drilling program builds on 2021 success 10 wells planned in Peace River, including four Clearwater appraisal wells Free cash flow generation of $166 million expected at W...
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce the reconfirmation of our syndicated credit facility with no changes to our revolving period. As ...