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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Sep 13, 2022

Obsidian Energy Announces $30.0 Million Term Loan Repayment, Operations Update and Facility Acquisition

• Seal 9-15 gas plant acquired in Peace River area• Second half capital program well underway in Cardium and Peace RiverOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the…
Jul 28, 2022

Obsidian Energy Announces Increased Production and Financial Results in Second Quarter 2022

Strong second quarter average production of 31,575 boe/d, an increase of 28 percent over 2021Rig-released 11 wells or Obsidian Energy's website. Readers are cautioned that this list of risk factors…
Jul 27, 2022

Obsidian Energy Announces Closing of our $127.6 Million Senior Unsecured Notes Offering and New Debt Facilities as well as Repayment of our Existing Debt Facilities

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has successfully closed the previously announced private placement offering (the "Offering")…
Jul 25, 2022

Obsidian Energy Announces Pricing and Issue of $127.6 Million Senior Unsecured Notes

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has entered into an underwriting agreement to sell, on a private…
Jul 25, 2022

Obsidian Energy Announces Pricing and Issue of $127.6 Million Senior Unsecured Notes

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has entered into an underwriting agreement to sell, on a private…
Jul 19, 2022

Obsidian Energy Announces Proposed Issuance of up to $125.0 Million Senior Unsecured Notes and New Syndicated Credit Facilities

Proposed issuance of up to $125.0 million five-year senior unsecured notesProposed new syndicated credit facilities provide up to $225.0 million of available capacityOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE)…
Jul 19, 2022

Obsidian Energy Announces Proposed Issuance of up to $125.0 Million Senior Unsecured Notes and New Syndicated Credit Facilities

Proposed issuance of up to $125.0 million five-year senior unsecured notesProposed new syndicated credit facilities provide up to $225.0 million of available capacityOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE)…
Jul 14, 2022

Obsidian Energy Announces Preliminary Second Quarter 2022 Results and Extension to Our Syndicated Credit Facility

Highest average quarterly production level since 2017 at 31,575 boe/d in the second quarter First half development program completed with strong resultsOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian…
Jun 16, 2022

Obsidian Energy Announces Voting Results from the 2022 Annual and Special Meeting of Shareholders

New corporate presentation and management webcast available for replay on websiteOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce…
Jun 16, 2022

Obsidian Energy Announces Expanded 2022 Development Program, Increased 2022 Guidance, and Preliminary 2023 Forecast

2022 guidance increased to an average production range of 31,500 to 32,500 boe/d based on expanded capital development program Second half 2022 four-rig drilling program includes 38 operated wells or…