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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Feb 28, 2024

Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program

• Latest Pembina four-well pad produced at peak rate of over 2,000 boe/d at top end of expectations• Continued robust Viking performance with 2023 eight-well pad producing at rates over…
Feb 27, 2024

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 27, 2024

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, 2024

Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 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,…
Feb 22, 2024

Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial…
Feb 22, 2024

Obsidian Energy Announces Fourth Quarter and Full Year 2023 Results

•  Average 2023 production increased five percent over 2022 and 12 percent on a per share basis•  Generated funds flow from operations of $377.6 million and free cash flow of…
Feb 13, 2024

Obsidian Energy Sets Record Straight Regarding Woodland Cree First Nation Misleading Statements

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today expressed our deep disappointment with the Woodland Cree First Nation (the "WCFN") senior…
Jan 30, 2024

Obsidian Energy Announces Increase in 2023 Reserves Across All Categories

•  Reserve replacement of 124 percent, 157 percent and 217 percent of 2023 production on a proved developed producing or Obsidian Energy's website. Readers are cautioned that this list of…
Jan 30, 2024

Obsidian Energy Announces Increase in 2023 Reserves Across All Categories

•  Reserve replacement of 124 percent, 157 percent and 217 percent of 2023 production on a proved developed producing or Obsidian Energy's website. Readers are cautioned that this list of…
Jan 25, 2024

Obsidian Energy Announces 2024 Guidance With 12 Percent Growth in Average Annual Production to 36,000 boe/d

• Capital program with 78 operated wells expected to generate 12 percent annual production growth over 2023• ~$350 million capital program is ~$30 million lower from previous forecast at midpoint•…