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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Mar 29, 2021

Obsidian Energy Announces Expiry of Bonterra Offer

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the…
Mar 29, 2021

Obsidian Energy Confirms Filing of Its 2020 Year End Disclosure Documents

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements…
Mar 29, 2021

Obsidian Energy Announces Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Guidance

Strong 2020 operational performance drives improved cost metrics and debt reduction Robust well results to date from first half 2021 development program 2021 capital budget set at $127 million with…
Mar 26, 2021

Obsidian Energy Announces the Extension to Syndicated Credit Facility and Senior Notes

Maturity dates of both credit facility and senior notes extended to November 2022OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to…
Feb 24, 2021

Obsidian Energy Announces Extension to our Syndicated Credit Facility and Provides Hedging Update

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an extension of our syndicated credit facility to March 31, 2021 and provides a…
Feb 17, 2021

Obsidian Energy Announces 2020 Reserves Results

Total 1P and 2P reserves and reserve life indices increased over 2019Cardium asset reserves replaced 149 percent and 164 percent of associated 2020 production on a 1P and 2P basis,…
Jan 28, 2021

Obsidian Energy Announces Extension to our Syndicated Credit Facility and provides Operational Update

OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of our syndicated credit facility to February 26, 2021 and provides an…
Jan 25, 2021

Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.

• Offer to purchase Bonterra extended to March 29, 2021, allowing Bonterra shareholders to assess the relative performance of the two companies' fourth quarter and year end 2020 results •...
Jan 14, 2021

Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer

Combination Creates a Stronger Company with a Far Superior Future Markets are rewarding Consolidation with Share Price Appreciation
Jan 5, 2021

Obsidian Energy Announces First Half 2021 Drilling Program and Guidance

$40 million capital in development and decommissioning program for first half 2021 Seven well drilling program builds on success of 2020 Willesden Green Cardium locations