Latest News
Obsidian Energy Announces Third Quarter 2024 Results
Newsfile - Thu Oct 31, 6:12AM CDT
Newsfile
Thu Oct 31, 6:12AM CDT
Higher third quarter funds flow from operations of $124.7 million ($1.64 per share)โย a 34 percent increase over the third quarter of 2023 on a per share basis 2024 average production expected to be at the top end of guidance range Robust Clearwater exploration/appraisal drilling results at West Dawson establishes...
Obsidian Energy Announces Date of Third Quarter 2024 Results
Newsfile - Thu Oct 24, 4:02PM CDT
Newsfile
Thu Oct 24, 4:02PM CDT
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our third quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, October 31, 2024. In addition, the...
Obsidian Energy Announces Syndicated Credit Facility Increase to $300 Million
Newsfile - Mon Oct 7, 4:16PM CDT
Newsfile
Mon Oct 7, 4:16PM CDT
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - OBSIDIAN ENERGY LTD.ย (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the substantial repayment of our term loan (the "Term Loan"). The aggregate...
Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program
Newsfile - Mon Sep 30, 5:52PM CDT
Newsfile
Mon Sep 30, 5:52PM CDT
โข Revised 2024 guidance range upward to 37,000 to 37,400 boe/d with continued outperformance of development programโข Recalibrated fourth quarter 2024 capital program to allow incremental share buybacks and additional debt reduction โข Licensed initial well targeting Belly River formation in Willesden Green to be drilled in the fourth quarterCalgary,...
Obsidian Energy Announces Strong Peace River Results and Upwardly Revised Guidance
Newsfile - Mon Sep 9, 6:08AM CDT
Newsfile
Mon Sep 9, 6:08AM CDT
โข Increased August average production to ~40,000 boe/d (based on internal field estimates)โข Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwater production (based on internal field estimates)โข Revised 2024 guidance range upwardly to reflect higher production midpointCalgary, Alberta--(Newsfile Corp. - September 9, 2024)...
Obsidian Energy Announces Filing of Resale Shelf Registration Statement for Administrative Purposes
Newsfile - Mon Aug 5, 6:04AM CDT
Newsfile
Mon Aug 5, 6:04AM CDT
Calgary, Alberta--(Newsfile Corp. - August 5, 2024) - OBSIDIAN ENERGY LTD. (TSX:ย OBE) (NYSE American:ย OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC") on August 2, 2024,...
Obsidian Energy Announces Second Quarter 2024 Results
Newsfile - Thu Aug 1, 6:02AM CDT
Newsfile
Thu Aug 1, 6:02AM CDT
Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million ($1.51 per share) Completed first half capital program with 34 (33.4 net) operated wells rig released and 33 (32.4 net) wells brought on...
Obsidian Energy Announces Date of Second Quarter 2024 Results
Newsfile - Thu Jul 25, 4:14PM CDT
Newsfile
Thu Jul 25, 4:14PM CDT
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE)ย ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our second quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, August 1, 2024. In addition, the...
Obsidian Energy Announces Closing of Peace River Acquisition
Newsfile - Wed Jun 26, 4:06PM CDT
Newsfile
Wed Jun 26, 4:06PM CDT
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of approximately 1,700 boe/d (100 percent oil, based on April 2024 actual production) of Clearwater...
WOODLAND CREE FIRST NATION ANNOUNCES AGREEMENT IN PRINCIPLE WITH OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE AMERICAN: OBE)
Newswire.ca - Tue Jun 11, 6:36PM CDT
Newswire.ca
Tue Jun 11, 6:36PM CDT
/CNW/ - Woodland Cree First Nation would like to announce an end to its dispute with Obsidian Energy Ltd. "After mediated negotiations, we have come to terms...
Obsidian Energy Announces Agreement with the Woodland Cree First Nation
Newsfile - Tue Jun 11, 6:12AM CDT
Newsfile
Tue Jun 11, 6:12AM CDT
Commences Restart of Production at our Harmon Valley South fieldCalgary, Alberta--(Newsfile Corp. - June 11, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (โObsidian Energyโ, the โCompanyโ, โweโ or โourโ) today announced that we have reached a mutually beneficial agreement in principle with the Woodland Cree First Nation...
Obsidian Energy Announces Peace River Acquisition and Increased 2024 Average Production Guidance
Newsfile - Tue May 28, 7:12PM CDT
Newsfile
Tue May 28, 7:12PM CDT
โขย Peace River Peavine and Gift Lake acquisition provides additional production, reserves and development potential along the Clearwater trend from our successful Dawson fieldโขย 2024 Guidance revised to reflect the acquisition, reduced capital expenditures and higher average production, funds flow from operations and free cash flow with oil / liquids...
Obsidian Energy Announces 2024 Development Program Results Above Expectations
Newsfile - Tue May 28, 4:32PM CDT
Newsfile
Tue May 28, 4:32PM CDT
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 dateRobust results from our Peace River Dawson Clearwater development area are encouraging with 1,330 boe/d production (100 percent oil) over the last 30 daysPembina...
Obsidian Energy Discloses Details of Commercial Dispute with Woodland Cree First Nation
Newsfile - Wed May 15, 6:36AM CDT
Newsfile
Wed May 15, 6:36AM CDT
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...
A GROWING LIST OF ALBERTA FIRST NATIONS STAND TOGETHER IN SUPPORT OF WOODLAND CREE FIRST NATION'S TREATY CAMP AGAINST OBSIDIAN ENERGY LTD. (TSE: OBE) | (NYSEAMERICAN: OBE)
Newswire.ca - Mon May 13, 2:57PM CDT
Newswire.ca
Mon May 13, 2:57PM CDT
/CNW/ - Woodland Cree First Nation is joined by a growing number of First Nations in Alberta who voice their support for WCFN in their struggle against...
WCFN GIVES NOTICE TO OBSIDIAN ENERGY LTD. (NYSEAMERICAN: OBE) (TSX:OBE) - APPLICATION TO EXPAND OPERATIONS ON THEIR TRADITIONAL TERRITORY HAS BEEN REJECTED BY CHIEF AND COUNCIL
Newswire.ca - Mon May 6, 11:28AM CDT
Newswire.ca
Mon May 6, 11:28AM CDT
/CNW/ - Woodland Cree First Nation is formally notifying Obsidian Energy Ltd. and their shareholders that the proposed expansion of their drilling operations...
Obsidian Energy Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders
Newsfile - Thu May 2, 4:12PM CDT
Newsfile
Thu May 2, 4:12PM CDT
Corporate presentation and management webcast available for replay on websiteCalgary, 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,...
Obsidian Energy Announces First Quarter 2024 Results
Newsfile - Thu May 2, 6:04AM CDT
Newsfile
Thu May 2, 6:04AM CDT
โข 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 Aprilโข Generated funds flow from operations of $84.4 million ($1.09 per share)โข Began active first half development program with 25 (24.4...
Obsidian Energy Announces Date of First Quarter 2024 Results and AGM Webcast
Newsfile - Thu Apr 25, 4:12PM CDT
Newsfile
Thu Apr 25, 4:12PM CDT
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...
2 'Strong Buy' Energy Stocks Under $10
Barchart - Wed Apr 24, 1:47PM CDT
Barchart
Wed Apr 24, 1:47PM CDT
As the energy sector outperforms the broader market this year, here are two Canadian energy stocks under $10 showing significant upside potential.
Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes
Newsfile - Thu Mar 14, 4:08PM CDT
Newsfile
Thu Mar 14, 4:08PM CDT
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...
Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program
Newsfile - Wed Feb 28, 6:02AM CST
Newsfile
Wed Feb 28, 6:02AM CST
โข Latest Pembina four-well pad produced at peak rate of over 2,000 boe/d at top end of expectationsโข Continued robust Viking performance with 2023 eight-well pad producing at rates over 1,300 boe/dโข Nampa Clearwater well producing at strong early rates with superior oil qualityCalgary, Alberta--(Newsfile Corp. - February 28, 2024)...
Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid
Newsfile - Tue Feb 27, 6:02AM CST
Newsfile
Tue Feb 27, 6:02AM CST
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...
Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes
Newsfile - Mon Feb 26, 6:18AM CST
Newsfile
Mon Feb 26, 6:18AM CST
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")...
Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents
Newsfile - Thu Feb 22, 2:02PM CST
Newsfile
Thu Feb 22, 2:02PM CST
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...