Obsidian Energy Discloses Details of Commercial Dispute with Woodland Cree First Nation
Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today disclosed details regarding a commercial dispute with the Woodland Cree First Nation (the "WCFN"). The Company provided this disclosure in response to misleading statements made by the WCFN's senior leadership, the establishment of WCFN blockades at two of our sites, and the breach of a court order by the WCFN. "The WCFN is...
2024-05-15 7:30 AM EDT
Obsidian Energy Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 2, 2024, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2024 Annual and Special Meeting and Management Proxy Circular dated March 15, 2024 (the "Information Circular"), which is available on SEDAR at...
2024-05-02 5:00 PM EDT
Obsidian Energy Announces First Quarter 2024 Results
• Increased average production to 34,238 boe/d, up 11 percent per share over the first quarter of 2023; an additional 17 (17.0 net) operated wells came on production in April • Generated funds flow from operations of $84.4 million ($1.09 per share) • Began active first half development program with 25 (24.4 net) operated wells rig released and 11 (11.0 net) operated wells brought on production during the quarter • Initial Peace River 8-28 Pad Bluesky results are above type curve with an...
2024-05-02 7:00 AM EDT
Obsidian Energy Announces Date of First Quarter 2024 Results and AGM Webcast
Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, May 2, 2024. 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,...
2024-04-25 5:00 PM EDT
Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of our previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $2.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes"). The Offer expired on March 11, 2024, and was made on the terms and subject to the conditions set forth in...
2024-03-14 5:00 PM EDT
Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program
Calgary, Alberta--(Newsfile Corp. - February 28, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our first half 2024 capital program. Our program continued with development
2024-02-28 7:00 AM EST
Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - February 27, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian Energy's notice of intention to renew our normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 7,564,767 common shares (representing 10 percent of the Company's public float, as defined by the TSX, as of...
2024-02-27 7:00 AM EST
Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - February 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $2.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), CUSIP...
2024-02-26 7:00 AM EST
Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("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, 2023, and related Management's Discussion and Analysis ("MD&A"). Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2023, which includes...
2024-02-22 3:00 PM EST
Obsidian Energy Announces Fourth Quarter and Full Year 2023 Results
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2023.
2024-02-22 7:00 AM EST
Obsidian Energy Sets Record Straight Regarding Woodland Cree First Nation Misleading Statements
Calgary, Alberta--(Newsfile Corp. - February 13, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today expressed our deep disappointment with the Woodland Cree First Nation (the "WCFN") senior leadership's misleading statements issued in a news release yesterday and their decision to address what Obsidian Energy believes to be the WCFN's commercial concerns in this manner. Negotiations between Obsidian Energy and the WCFN...
2024-02-13 10:03 PM EST
Obsidian Energy Announces Increase in 2023 Reserves Across All Categories
Calgary, Alberta--(Newsfile Corp. - January 30, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the results of our independent reserves evaluation for the year ended December 31, 2023 (the "2023 Reserve Report") prepared by GLJ Ltd. ("GLJ"). "Our 2023 reserves reflect the high level of activity and success of our capital program with volume increases across all
2024-01-30 8:50 PM EST
Obsidian Energy Announces 2024 Guidance With 12 Percent Growth in Average Annual Production to 36,000 boe/d
Calgary, Alberta--(Newsfile Corp. - January 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us
2024-01-25 7:00 AM EST
Obsidian Energy Announces 2024 Guidance and Webcast
Calgary, Alberta--(Newsfile Corp. - January 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our 2024 capital and operating budget and associated guidance (the "Release") before North American markets open on January 25, 2024. In conjunction with the Release, our President and CEO, Mr. Stephen Loukas and other members of management will host a webcast presentation online at 9:00 a.m....
2024-01-22 7:06 PM EST
Obsidian Energy Announces 2023 Operations Update with Robust Clearwater Results and Continued Growth Plan Execution
Calgary, Alberta--(Newsfile Corp. - January 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our second half 2023 development program with all drilling activity completed on schedule. We
2024-01-09 7:00 AM EST
Obsidian Energy Announces Release Date of Third Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our third quarter 2023 financial and operational results before North American markets open on Thursday, November 9, 2023. In addition, the third quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at...
2023-11-02 5:00 PM EDT
Obsidian Energy Announces Participation in the Schachter 2023 'Catch the Energy' Conference
Calgary, Alberta--(Newsfile Corp. - October 11, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participating in the Schachter 2023 Catch the Energy Conference (the "Conference") on Saturday, October 14, 2023, in Calgary at Mount Royal University. Gary Sykes, Senior Vice President, Commercial and Development, will discuss the Company in a presentation at 11:30 a.m. MDT (1:30 p.m. EDT) in...
2023-10-11 5:00 PM EDT
Obsidian Energy Announces Three-Year Growth Plan to Reach 50,000 boe/d in 2026
Calgary, Alberta--(Newsfile Corp. - September 21, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (N
2023-09-21 7:00 AM EDT
Obsidian Energy Announces Peters & Co. Limited's Energy Conference Clarification
Calgary, Alberta--(Newsfile Corp. - September 7, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") further to our press release earlier today, please be advised our presentation at 4:00 p.m. ET (2:00 p.m. MT) on Tuesday, September 12, 2023 at the Peters & Co. Limited 27th Annual Energy Conference will not be live webcast but a recording will be available post the event on our website. ADDITIONAL READER ADVISORIES...
2023-09-07 5:00 PM EDT