News

Please be advised that the archived releases contained on the website are for historical information and reference purposes only. While information contained within the releases was believed to be accurate at the time of issue, this information does not constitute an active representation of Obsidian Energy, and the Company fully disclaims any liability for the use of such information and undertakes no obligation to update such information except as required by applicable law.

Competition Act Disclaimer
The Canadian federal government passed the omnibus Bill C-59, which includes amendments to the Competition Act, resulting in changes to the law around environmental communications. The changes create significant uncertainty in respect of how Canadian companies may legally communicate with the public regarding their environmental goals and performance, including their climate change mitigation efforts. With uncertainty on how the new law will be interpreted and applied, and in the absence of any transition period nor guidance from the government, we have decided to restrict public access to our environmental-related communications at this time. Any clarity the Competition Bureau can provide through specific guidance may help direct our communications approach in the future. notwithstanding the changes to the legislation, Obsidian Energy’s intent and approach to environmental action remain unchanged. We believe our industry has a key role to play in supporting a strong economy and helping provide Canadians with secure access to affordable energy.

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Jul 16, 2025

Obsidian Energy Announces Non-Binding Offer for Common Share Position in InPlay Oil Corp.

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy" or the "Company") announced today that a third party has made a non-binding offer to Obsidian Energy to acquire the…
Jul 10, 2025

Obsidian Energy Announces Second Half 2025 Capital Program and Guidance

Development capital expenditures of $110 to $120 million resulting in 28 net operated wells drilledInfrastructure projects are underway in Open Creek and Nampa fields allowing for future growthIntend to initiate…
Jun 3, 2025

Obsidian Energy Announces First Half Capital Program Update

Achieved new production record of 14,000 boe/d for Peace River assetCompleted drilling all wells in our first Peace River Clearwater waterflood pilot on the Dawson 4-24 PadOBSIDIAN ENERGY LTD. (TSX:…
May 7, 2025

Obsidian Energy Announces Voting Results from the 2025 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…
May 7, 2025

Obsidian Energy Announces First Quarter 2025 Results

Closed $320 million divestiture of Pembina assets on April 7, 2025, with cash proceeds used to reduce debt levelCompleted first quarter program with 26 or Obsidian Energy's website. Readers are…
Apr 30, 2025

Obsidian Energy Announces Date of First Quarter 2025 Results and AGSM Webcast

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter 2025 financial and operational results (the "Release") before…
Apr 7, 2025

Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million

Provides Update on Syndicated Credit FacilityOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we have closed our previously…
Mar 14, 2025

Obsidian Energy Provides Update on Offer to Purchase $3.0 Million of our Outstanding Senior Unsecured Notes

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today provides an update on the previously announced offer (the "Offer") to purchase for…
Feb 27, 2025

Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian…
Feb 26, 2025

Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash,…