News

Please be advised that the press releases contained on the web site are for historical purposes only and that while information contained within the releases was believed to be accurate at the time of issue, Obsidian Energy will not, and specifically disclaims any duty to, update this information after.

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Nov 30, 2021

Obsidian Energy Announces Updates to Our Syndicated Credit Facility

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that our semi-annual borrowing base redetermination has been completed, resulting in a $35 million…
Nov 24, 2021

Obsidian Energy Announces Closing of the Peace River Oil Partnership Acquisition

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of the remaining 45…
Nov 24, 2021

Obsidian Energy Announces Closing of the Peace River Oil Partnership Acquisition

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of the remaining 45…
Nov 18, 2021

Obsidian Energy Announces Completion of Oversubscribed $25.9 Million Prospectus Financing

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced marketed public offering of subscription…
Nov 18, 2021

Obsidian Energy Announces Completion of Oversubscribed $25.9 Million Prospectus Financing

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced marketed public offering of subscription…
Nov 8, 2021

Obsidian Energy Announces Third Quarter Results with Continued Increasing Funds Flow from Operations

Successful drilling results to date in the second half 2021 drilling program Continued debt pay down and higher funds flow from operationsAcquisition of remaining Peace River Oil Partnership ownership subsequent…
Nov 4, 2021

Obsidian Energy Announces Pricing and Filing of Amended and Restated Preliminary Prospectus

Amended and restated preliminary short form prospectus filed in connection with its previously announced marketed offering of subscription receipts of the Company. The Amended and Restated Prospectus provides that the price of the Subscription Receipts to be issued and sold pursuant to the Offering will be $4.40 per Subscription Receipt for gross proceeds of up to $22.5 million.
Nov 4, 2021

Obsidian Energy Announces Pricing and Filing of Amended and Restated Preliminary Prospectus

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that it has filed an amended and restated preliminary short form…
Nov 2, 2021

Obsidian Energy Announces Up to $22.5 Million Equity Issue

Proceeds to pay for acquisition of 45 percent partnership interest in Peace River Oil PartnershipOBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is…
Nov 2, 2021

Obsidian Energy Announces Acquisition of 45 Percent Partnership Interest in Peace River Oil Partnership, Up to $22.5 Million Equity Issue and Preliminary Third Quarter 2021 Results

Acquisition to provide additional production and reserves, full operational and funding control Increased third quarter funds flow from operations from higher commodity prices and dedicated focus on managing cost structureOBSIDIAN…