Obsidian Energy Announces Completion of Oversubscribed $25.9 Million Prospectus Financing NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Nov. 18, 2021 (GLOBE NEWSWIRE) -- OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQX – OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced marketed public offering of subscription receipts (the "Subscription Receipts") at a price of $4.40 per Subscription Receipt for aggregate gross proceeds of approximately $25.9 million (the "Offering"). Th...
Obsidian Energy Announces Pricing and Filing of Amended and Restated Preliminary Prospectus NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Nov. 04, 2021 (GLOBE NEWSWIRE) -- OBSIDIAN ENERGY LTD. (TSX – OBE, OTCQX – OBELF) (“Obsidian Energy”, the “Company”, “we”, “us” or “our”) is pleased to announce that it has filed an amended and restated preliminary short form prospectus (the “Amended and Restated Prospectus”) in connection with its previously announced marketed offering (the “Offering”) of subscription receipts of the Company (“Subscription R...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Successful completion of first half and an early start to the second half 2021 drilling program Continued debt paydown and higher funds flow from operationsCalgary, Alberta--(Newsfile Corp. - July 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the second quarter 2021.Three Months Ended June 30Six Months Ended June 302021202020212020 FINANCIAL (millions, except per share amounts) Cash flow from operations42.22.170.333.5 Basic pe...
First half nine-well drilling program on production in our Willesden Green Cardium asset Second half drilling program underway with two rigs active in our Cardium assetStrong second quarter 2021 preliminary productionCalgary, Alberta--(Newsfile Corp. - July 12, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong production results for the second quarter of 2021, supported by our nine-well first half 2021 development program now on stream. Based on preliminary estimates, we expect second quarter production to...
New corporate presentation and management webcast available for replay on websiteCalgary, Alberta--(Newsfile Corp. - June 16, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2021, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2021 Annual and Special Meeting and Management Proxy Circular dated April 30, 2021 (the "Information Circular"), which is available on SEDAR at , on EDGAR at , and on Obsidian Ener...
Calgary, Alberta--(Newsfile Corp. - June 14, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the resignation of Maureen Cormier Jackson and William (Bill) Friley from the Board of Directors (the "Board") effective immediately. Mr. Friley joined the Board in 2015 and Ms. Cormier Jackson joined in 2016.Gordon Ritchie, Chair of the Board, commented, "I would like to thank both Maureen and Bill for their invaluable contributions during their respective tenures on Obsidian's Board; Maureen as Chair of the Human Resource, Gover...
23 well, second half 2021 development drilling program to be underway two weeks earlyCorporate presentation to be webcast June 16 after the Annual and Special MeetingCalgary, Alberta--(Newsfile Corp. - June 8, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we expect to start our 23 well, second half 2021 development program two weeks earlier than anticipated. In addition, following our upcoming Annual and Special Meeting on June 16, 2021, we will hold a webcast presentation that provides a corporate up...
Successful completion of nine well, first half 2021 drilling program in Cardium Robust initial well results with first five wells on-stream; completion activity commenced on remaining four wells Free cash flow generation results in lower net debtCalgary, Alberta--(Newsfile Corp. - May 7, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the first quarter 2021.Three Months Ended March 31 2021 2020 FINANCIAL (millions, except per share amounts) Cash flow fr...
Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2021 financial and operational results before North American markets open on Friday, May 7, 2021. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at , on SEDAR at , and on EDGAR at on or about the same date.ADDITIONAL READER ADVISORIESFORWARD-LOOKING STATEMENTSCertain statements co...
Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX: BNE) ("Bonterra") to expire at 5:00 p.m. (Mountain Daylight time) on March 29, 2021."Our business and operational outlook has strengthened significantly as shown by our recently announced year-end 2020 results and positive future outlook," said Stephen Loukas, Obsidi...
Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2020 and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2020, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Ins...
Strong 2020 operational performance drives improved cost metrics and debt reduction Robust well results to date from first half 2021 development program 2021 capital budget set at $127 million with decommissioning budget of $8 million Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2020.Three months ended December 31Year ended December 31 2020 2019 2020 2019 FINANCIAL1(millions, except pe...
Maturity dates of both credit facility and senior notes extended to November 2022Calgary, Alberta--(Newsfile Corp. - March 26, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has executed amending agreements to extend both our syndicated credit facility and senior notes maturity date to November 30, 2022. "We are very pleased with the successful completion of our extension," said Stephen Loukas, Obsidian Energy's Interim President and CEO. "With the credit facility and senior notes now in pla...
Calgary, Alberta--(Newsfile Corp. - February 24, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an extension of our syndicated credit facility to March 31, 2021 and provides a hedging update. CREDIT FACILITY EXTENSIONThe Company has entered into an agreement with lenders to extend our syndicated credit facility to March 31, 2021. The syndicated credit facility has an underlying borrowing base of $550 million with $450 million available to be drawn; both amounts remain unchanged. Under the agreement, the syndicated credit...
The independent financial analyst theScreener just lowered the general evaluation of OBSIDIAN ENERGY (CA), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date August 18, 2020, the closing price was CAD 0.57 and its ta...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.