Obsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - June 12, 2023) - 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 June 12, 2023, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2023 Annual and Special Meeting and Management Proxy Circular dated May 1, 2023 (the "Information Circular"), which is available on SEDAR at...
2023-06-12 5:00 PM EDT
Obsidian Energy Announces Increase to Syndicated Credit Facility, Results of Viking Drilling and Update on Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an increase to our syndicated credit facility and provides an update on both the results of our first half 2023 Viking drilling program and the expected impact of Alberta wildfires on production and funds flow from operations. With the addition of the Industrial and Commercial Bank of China (Canada) to our banking syndicate,...
2023-05-31 5:10 PM EDT
Obsidian Energy Alberta Wildfire Update: Additional Fields Coming Back Online
Calgary, Alberta--(Newsfile Corp. - May 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on the status of our operations impacted by recent Alberta wildfires. Widespread rain over the weekend in Alberta helped to slow wildfire spread, bringing relief to some local communities. As a result, we have restored or are currently restoring approximately 5,650 boe/d of operated and non-operated...
2023-05-23 8:14 PM EDT
Obsidian Energy Alberta Wildfire Update: Fields Coming Back Online
Calgary, Alberta--(Newsfile Corp. - May 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on the status of temporarily shut-in operations due to the impact of recent Alberta wildfires. The wildfire activity has largely decreased in the Pembina area at this time. As a result, the majority of our Pembina fields that remained shut-in due to evacuation orders or for precautionary measures were...
2023-05-18 5:41 PM EDT
Obsidian Energy Provides Update on Impact of Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 16, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update on operations and employees impacted by recent Alberta wildfires. We continue to monitor the ongoing wildfire situation in Alberta as the protection and safety of our people, local communities, and the environment are of the highest priority. Resulting from further developments with the wildfires, we took the Peace...
2023-05-16 4:45 PM EDT
Obsidian Energy Advises on Impact of Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 8, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update on operations and employees impacted by recent Alberta wildfires. We view the protection and safety of our people, local communities, and the environment with the highest priority. As a precautionary measure, we have temporarily shut-in approximately 11,100 boe/d of production in our Pembina area in Central Alberta...
2023-05-08 5:26 PM EDT
Obsidian Energy Announces Strong First Quarter 2023 Results
Calgary, Alberta--(Newsfile Cor
2023-05-04 7:00 AM EDT
Obsidian Energy Announces Release Date of First Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - April 25, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2023 financial and operational results before North American markets open on Thursday, May 4, 2023. 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,...
2023-04-25 6:30 PM EDT
Obsidian Energy Comments on Alberta Energy Regulator Order Regarding Water Disposal Well
Calgary, Alberta--(Newsfile Corp. - March 27, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") confirms that the Alberta Energy Regulator ("AER") issued an order (the "Order") regarding the Company's 14-18-082-17W5 water disposal well (the "Water Disposal Well"), located approximately 40 kilometres Southeast of the Town of Peace River. Obsidian Energy is cooperating with the AER and intends to comply with the Order, including...
2023-03-27 7:00 AM EDT
Obsidian Energy Announces Syndicated Credit Facility Increase to $200 Million
Calgary, Alberta--(Newsfile Corp. - March 22, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an increase to our syndicated credit facility to $200.0 million from $175.0 million, with an extension of the revolving period to May 31, 2024, and the term-out date to May 31, 2025. The increase was part of our semi-annual borrowing base redetermination, which was completed earlier than normal (typically...
2023-03-22 5:08 PM EDT
Obsidian Energy Announces Participation in the Scotia Howard Weil Energy Conference
Calgary, Alberta--(Newsfile Corp. - March 6, 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 51st Annual Scotia Howard Weil Energy Conference on Wednesday, March 8, 2023, in Miami, Florida at the Mandarin Oriental Hotel. Stephen Loukas, President and Chief Executive Officer, will be presenting at 1:30 p.m. EST (11:30 am MST) on Wednesday, March 8, 2023. Mr. Loukas along with...
2023-03-06 7:00 AM EST
Obsidian Energy Confirms Filing of Its 2022 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - 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, 2022, and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2022, which includes the...
2023-02-23 4:50 PM EST
Obsidian Energy Announces Fourth Quarter and Full Year 2022 Results
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company"
2023-02-23 7:01 AM EST
Obsidian Energy Announces TSX Approval of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - 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 commence a normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 8,073,847 common shares (representing 10 percent of Obsidian Energy's public float, as defined by the TSX, as...
2023-02-23 7:00 AM EST
Obsidian Energy Announces 2023 Guidance and Significant 2022 Reserves Value Increase with Year-End Reserves Report
• 2023 capital expenditures includes development and exploration/appraisal programs with optionality for second half expansion • 46 well development program across all core areas in 2023 expected to generate seven percent growth in production over 2022 and significant free cash flow at WTI US$80/bbl • Board approves share buyback program for up to 10 percent of shares outstanding • Reserve replacement of 144 percent, 214 percent and 393 percent of 2022 production on a proved developed...
2023-01-30 7:36 PM EST
Obsidian Energy Announces Guidance and Reserves Release Date
Calgary, Alberta--(Newsfile Corp. - January 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our 2023 capital budget and associated guidance after North American markets close on Monday, January 30, 2023. At the same time, we will be providing our intentions regarding continued debt repayment and shareholder return of capital, as well as the results of our independent reserves...
2023-01-18 5:31 PM EST
Obsidian Energy Announces Extension to Interim President and Chief Executive Officer
Calgary, Alberta--(Newsfile Corp. - January 3, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that is has extended Stephen E. Loukas' employment contract as Interim President and CEO to December 31, 2023. "We are pleased to extend Steve's contract to continue to build on all the exceptional steps that have been taken under his guidance," said Gordon Ritchie, Chair of the Obsidian Energy Board of...
2023-01-03 4:32 PM EST
Obsidian Energy Announces 2022 Operations Update, 2023 Guidance Update, and Inaugural ESG Report
Calgary, Alberta--(Newsfile Corp. - December 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on o
2022-12-16 7:00 AM EST
Obsidian Energy Announces Third Quarter 2022 Results and Updated 2022 Guidance
Calgary, Alberta--(Newsfile Corp. - November 8, 2022) - OBSIDIAN ENERGY L
2022-11-08 7:00 AM EST
Obsidian Energy Announces Release Date of Third Quarter 2022 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - 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 2022 financial and operational results before North American markets open on Tuesday, November 8, 2022. In addition, the third quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at...
2022-11-02 9:00 AM EDT