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.

Filter By Year
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
Dec 21, 2020

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

Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd....
Nov 30, 2020

Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project

OBSIDIAN ENERGY LTD. today announced an update to its 2020 capital spending plan due to the re-initiation of our Cardium development...
Nov 23, 2020

Obsidian Energy Announces Voting Results from the 2020 Special Meeting of Shareholders

OBSIDIAN ENERGY LTD. is pleased to announce that at its special meeting of shareholders held on November 23, 2020, Obsidian Energy's...
Nov 16, 2020

ISS and Glass Lewis Recommend Shareholders Vote FOR the Issuance of Shares to Purchase Bonterra Energy Corp.

OBSIDIAN ENERGY LTD. today announced that leading independent proxy advisory firms, Institutional Shareholder Services Inc....
Nov 2, 2020

Obsidian Energy Announces Strong Third Quarter 2020 Results Driven by Successful First Half Development Program and Continued Improvements to our Cost Structure

In the news release, Obsidian Energy Announces Strong Third Quarter 2020 Results Driven by Successful First Half Development Program and Continued Improvements to our Cost Structure, issued...
Oct 29, 2020

Obsidian Energy Announces Extension to our Syndicated Credit Facility

OBSIDIAN ENERGY LTD. announces the extension of our syndicated credit facility to January 29, 2021. The syndicated...
Oct 14, 2020

Obsidian Energy Encourages Bonterra Shareholders to Create the Cardium Champion

Bonterra shareholders will benefit from being part of a stronger, more efficient Cardium Champion The combined entity has many positive attributes that lead to a clear path to significant share...
Oct 1, 2020

Obsidian Energy Announces Alberta Site Rehabilitation Program Awards and Hedging Update

OBSIDIAN ENERGY LTD. grant...