Alberta Viking

Leveraging Our Infrastructure

Net Sections 170

Production 2,508 boe/d

Netback $23/boe

*as of Q4 2017

51°45’7.0272”, -110°9’23.0796”

Leverage Infrastructure Advantage with Viking Prospects

Obsidian Energy has a structural advantage in the Alberta Viking with a leading position and infrastructure ownership over the entire Esther area. The Alberta Viking area offers a mix of light-oil and gas with high-netback shorter cycle wells to complement longer cycle activities in the Cardium.