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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Oct 31, 2024

Obsidian Energy Announces Third Quarter 2024 Results

Higher third quarter funds flow from operations of $124.7 million or Obsidian Energy's website. Readers are cautioned that this list of risk factors should not be construed as exhaustive.Unless otherwise…
Oct 24, 2024

Obsidian Energy Announces Date of Third Quarter 2024 Results

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our third quarter 2024 financial and operational results (the "Release") before…
Oct 7, 2024

Obsidian Energy Announces Syndicated Credit Facility Increase to $300 Million

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the…
Sep 30, 2024

Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program

• Revised 2024 guidance range upward to 37,000 to 37,400 boe/d with continued outperformance of development program• Recalibrated fourth quarter 2024 capital program to allow incremental share buybacks and additional…
Sep 9, 2024

Obsidian Energy Announces Strong Peace River Results and Upwardly Revised Guidance

• Increased August average production to ~40,000 boe/d or Obsidian Energy's website. Readers are cautioned that this list of risk factors should not be construed as exhaustive.Unless otherwise specified, the…
Aug 5, 2024

Obsidian Energy Announces Filing of Resale Shelf Registration Statement for Administrative Purposes

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale shelf registration statement on Form F-3 with the U.S.…
Aug 1, 2024

Obsidian Energy Announces Second Quarter 2024 Results

Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million or Obsidian Energy's…
Jul 25, 2024

Obsidian Energy Announces Date of Second Quarter 2024 Results

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our second quarter 2024 financial and operational results (the "Release") before North…
Jun 26, 2024

Obsidian Energy Announces Closing of Peace River Acquisition

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of approximately 1,700…
Jun 11, 2024

Obsidian Energy Announces Agreement with the Woodland Cree First Nation

Commences Restart of Production at our Harmon Valley South fieldOBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy”, the “Company”, “we” or “our”) today announced that we have reached…