Obsidian Energy Ltd.

CALGARY, AB, July 27 2020 /CNW/ - Obsidian Energy Ltd. will hold its 2020 annual and special general meeting in person on Thursday, July 30, 2020 at 9:00 am . The Meeting will take place at the Company's head office located at 200 – 207 9th Avenue S.W., Calgary, Alberta. Additionally, the Company will release our second quarter 2020 results on July 30, 2020. Annual and Special General Meeting Due to restrictions on [...]

Obsidian Energy Ltd. is providing additional details to the proposed Long Term Incentive plan amendments to be voted on by shareholders at the July 30, 2020 Annual General Meeting . The Company's LTI plan amendments are to the Restricted & Performance Share Unit Plan and the Stock Option Plan. In connection with the June 30, 2020 mailing of the management information circular and proxy statement in connection with our [...]

Obsidian Energy Ltd. is pleased to provide a corporate and operational update. Message to Shareholders We are pleased to report that Obsidian Energy has quickly adapted to the challenging environment over the past few months by taking prudent and decisive actions resulting in a CDN $24 million reduction in our forecasted operating expenses for 2020. Due to improved oil prices, narrower oil differentials, renegotiated [...]

OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Obsidian Energy Ltd. , an oil and gas producer in Western Canada, has qualified to trade on the OTCQX® Best Market. Obsidian Energy Ltd. upgraded to OTCQX from the OTCQB® Venture Market. Obsidian Energy Ltd. begins trading today on OTCQX under the symbol "OBELF." U.S. investors can find current financial [...]

Obsidian Energy Ltd. is pleased to announce that our common shares will commence trading on the OTCQX market on June 16, 2020, under the same symbol it is currently trading . Obsidian Energy's share price on the OTCQB has traded over US$0.25 per share for 30 consecutive days, and as a result, we are moving to the OTCQX Best Market, which is the highest market tier ?operated by the OTC Markets Group, Inc. The OTCQX Best [...]

Obsidian Energy Ltd. is pleased to announce our first quarter 2020 financial and operational results. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's unaudited interim consolidated financial statements and Management's Discussion and Analysis as at and for the three months ended March 31, 2020 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR [...]

Obsidian Energy Ltd. has taken further proactive action to shut-in currently uneconomic production with a focus on preserving its balance sheet and improving financial flexibility. Additionally, the Company releases the date of its first quarter 2020 results. Production Shut-In Program & Operational Update Obsidian Energy's operations are very flexible and allow the Company to respond quickly to the current commodity [...]

Obsidian Energy Ltd. received notification from the New York Stock Exchange that the Company has not regained compliance with the NYSE's continued listing standard regarding share price pursuant to Rule 802.01C of the NYSE's Listed Company Manual. As a result, OBE.BC shares have been suspended from trading on the NYSE effective immediately. To facilitate trading for our United States based shareholders, Obsidian Energy's [...]

Obsidian Energy Ltd. announces that we have?filed with Canadian securities regulatory authorities our audited Consolidated Financial Statements for the year ended December 31, 2019 and related Management's Discussion and Analysis. ?Obsidian Energy has also filed our Annual Information Form for the year ended December 31, 2019, which includes the disclosure and reports relating to reserves data and other oil and gas [...]

Met or Exceeded all 2019 Guidance Metrics Achieved Significant Reduction in Undiscounted Asset Retirement Obligations During 2019? Strong Continued Operational and Development Results Year to Date Obsidian Energy Ltd. is pleased to announce our year-end 2019 financial and operational results, development program updates, and an update on our US listing. All figures are in Canadian dollars unless otherwise stated. Obsidian [...]