Obsidian Energy Ltd.

Obsidian Energy Ltd. today announced that we have commenced an offer to purchase for cash, up to an aggregate amount of $5.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, CUSIP Nos. CA674482AA25 , CA674482AB08 and CA674482AC80 , ISINs 674482AA2 , 674482AB0 and 674482AC8 , as disclosed in our second quarter 2023 results. As of August 3, 2023, $123.5 million aggregate principal amount of [...]

Generated funds flow from operations of $87.4 million during the quarter, resulting in free cash flow of $43.0 million Achieved robust production results from 11 new wells drilled on the western side of our Viking play, reaching an average daily peak rate per well of 293 boe/d for the program Enhanced liquidity with a $40.0 million increase to our syndicated credit facility, providing us additional financial flexibility [...]

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com - Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register [...]

Obsidian Energy Ltd. announces that we expect to release our second quarter 2023 financial and operational results before North American markets open on Wednesday, August 2, 2023. In addition, the second 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 on or [...]

Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for [...]

EnerCom Denver conference will kick off with the annual Charity Golf Tournament on Sunday, August 13th sponsored by conference Global Sponsor Netherland, Sewell & Associates, EnerCom, Studio X and SLS Group Hole-in-One contest sponsored by SLS Group includes a 2023 Porsche Macan prize Registration is now open for the 28th annual EnerCom Denver - The Energy Investment Conference that brings together a growing list of [...]

Corporate presentation and management webcast available for replay on website Obsidian Energy Ltd. 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 , which is available on SEDAR at www.sedar.com, on EDGAR at [...]

Registration is now open for the 28th annual EnerCom Denver - The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders at www.enercomdenver.com A growing list of energy companies have already confirmed their participation in the conference Presentation opportunities are still available for E&P, Midstream, OFS, and Energy Transition companies EnerCom, Inc [...]

Obsidian Energy Ltd. 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 to our banking syndicate, the Company is pleased to announce an increase to our syndicated credit [...]

Obsidian Energy Ltd. 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 production that was temporarily shut-in due to wildfires, evacuation [...]