Obsidian Energy Ltd.

Recent News

  • Obsidian Energy Announces Release Date of First Quarter 2021 Results

    Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2021 financial and operational results before North American markets open on Friday, May 7, 2021. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov...

    2021-04-27 5:00 PM EDT
  • Obsidian Energy Announces Expiry of Bonterra Offer

    Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX: BNE) ("Bonterra") to expire at 5:00 p.m. (Mountain Daylight time) on March 29, 2021."Our business and operational outlook has strengthened significantly as shown by our recently announced year-end 2020...

    2021-03-29 9:11 PM EDT
  • Obsidian Energy Confirms Filing of Its 2020 Year End Disclosure Documents

    Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2020 and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2020, which includes the disclosure and reports relating to reserves data and...

    2021-03-29 5:00 PM EDT
  • Obsidian Energy Announces Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Guidance

    Strong 2020 operational performance drives improved cost metrics and debt reduction Robust well results to date from first half 2021 development program 2021 capital budget set at $127 million with decommissioning budget of $8 million Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2020.

    2021-03-29 7:00 AM EDT
  • Obsidian Energy Announces the Extension to Syndicated Credit Facility and Senior Notes

    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 has executed amending agreements to extend both our syndicated credit facility and senior notes maturity date to November 30, 2022. "We are very pleased with the successful completion of our extension," said Stephen Loukas, Obsidian Energy's Interim President and CEO. "With the credit facility and senior notes now in place...

    2021-03-26 5:00 PM EDT
  • Obsidian Energy Announces Extension to our Syndicated Credit Facility and Provides Hedging Update

    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 FACILITY EXTENSIONThe Company has entered into an agreement with lenders to extend our syndicated credit facility to March 31, 2021. The syndicated credit facility has an underlying borrowing base of $550 million with $450 million available to be drawn;...

    2021-02-24 6:36 PM EST
  • Obsidian Energy Announces 2020 Reserves Results

    Total 1P and 2P reserves and reserve life indices increased over 2019Cardium asset reserves replaced 149 percent and 164 percent of associated 2020 production on a 1P and 2P basis, respectivelyStrong future growth potential with 18 percent increase in undeveloped reserve locations and 27 percent increase in Cardium specific locationsCalgary, Alberta--(Newsfile Corp. - February 17, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its independent reserves evaluation...

    2021-02-17 7:56 PM EST
  • Obsidian Energy Announces Extension to our Syndicated Credit Facility and provides Operational Update

    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 recent drilling and hedging activities.CREDIT FACILITY EXTENSIONThe Company has entered into an agreement with lenders to extend our syndicated credit facility to February 26, 2021. The syndicated credit facility has an underlying borrowing base of $550 million with $450...

    2021-01-28 5:00 AM EST