Strategic Belly River Acquisition
We are excited to announce the closing of the Belly River light oil asset acquisition in the Wilson Creek area of Willesden Green. Additionally, we have updated our guidance for the acquired assets.
Updated Corporate Presentation
We have updated our corporate presentation to reflect the acquired assets in the Belly River acquisition. We are now targeting 22% production growth in 2027, including the impact of the acquisition.
Top Alberta and Canadian Employer!
Obsidian Energy was recognized as one of Alberta’s Top 85 Employers in 2026 as well as one of Canada’s Top Employers: Small and Medium Employers for the third consecutive year in 2026 (the only oil and gas company that was awarded this distinction). These competitions recognize Companies that demonstrate excellence in workplace culture, employee engagement and forward-thinking human resources policies and practices. You can find out why Obsidian Energy was selected at the Obsidian Energy pages for Alberta’s Top 85 Employers and for Canada’s Top 100 Employers – Small and Medium.
Thank you to all of our employees for their contributions for making Obsidian Energy a Top Employer in Alberta and Canada.
Leading Performance
We were recognized for Excellent in Growth in the 2024 TSX30 with a 148% 3-year market cap increase and a 142% 3-year dividend-adjusted share price performance.
The TSX30 recognizes the 30 top-performing TSX listed stocks annually, identifying companies who demonstrate robust financial performance, embrace innovation and drive meaningful growth in their industries, resulting in enhanced value for investors.
