Obsidian Energy Ltd.

Initial results from H2 2025 drilling program above internal expectations Commencement of water injection on pilots in both the Bluesky and Clearwater formations at Peace River Record seven-day production average in Peace River of ~14,500 boe/d Obsidian Energy Ltd. is pleased to provide an operational update on our second half 2025 capital program. We are currently operating two rigs in Peace River and one rig in [...]

Obsidian Energy Ltd. today announced that we completed the previously announced redemption of $30 million aggregate principal of our 11.95 percent Senior Unsecured Notes due July 27, 2027 on August 29, 2025, on a pro rata basis, as set forth in the notice of partial redemption issued August 18, 2025. Payment of the redemption price and surrender of the Notes for redemption are being made through Computershare Trust [...]

Obsidian Energy Ltd. today announced that we issued a notice to holders of our 11.95 percent Senior Unsecured Notes due July 27, 2027 of our election to redeem, on a pro rata basis, $30.0 million of the $110.8 million aggregate principal amount of the Notes currently outstanding . "The Company's strong balance sheet and liquidity position is enabling us to pay down a portion of our outstanding Notes thereby reducing our [...]

Obsidian Energy Ltd. today announced completion of our previously announced offer to purchase for cash, up to an aggregate amount of $48.4 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 . The Offer expired on August 12, 2025, and was made on the terms and subject to the conditions set forth in the Offer to Purchase dated July 31, 2025 . The Offer was undersubscribed, with approximately [...]

Obsidian Energy Ltd. is pleased to announce that the previously announced disposition of the Company's common share position in InPlay Oil Corp. , consisting of 9,139,784 InPlay common shares and representing approximately 32.70% of the issued and outstanding InPlay Shares, to Delek Group Ltd. for $10.00 per InPlay Share for an aggregate purchase price of $91,397,840, subject to certain adjustments described below, has [...]

Obsidian Energy Ltd. announced today that it has entered into a definitive agreement with Delek Group Ltd. pursuant to which the Purchaser has agreed to acquire the Company's common share position in InPlay Oil Corp. , consisting of 9,139,784 InPlay common shares and representing approximately 32.70% of the issued and outstanding InPlay Shares, for $10.00 per InPlay Share for an aggregate purchase price of $91,397,840 [...]

Obsidian Energy Ltd. today announced that we have commenced an offer to purchase for cash, up to an aggregate amount of $48.4 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 , CA674482AB08 and CA674482AC80 , CUSIP Nos. 674482AA2 , 674482AB0 and 674482AC8 , as disclosed in our second quarter 2025 results. As of July 31, 2025, $112.2 million aggregate principal amount of [...]

Achieved average production of 28,943 boe per day and funds flow from operations of $65.8 million Active share buyback program with ~5.4 million shares repurchased and cancelled for $36.6 million Obsidian Energy Ltd. is pleased to report our operating and financial results for the second quarter of 2025. Three months ended June 30 Six months ended June 30 2025 2024 2025 2024 FINANCIAL Cash flow from operating activities [...]

U.S. crude inventories continue to shrink despite efforts by the current administration to rebuild domestic stockpiles, with the latest EIA data showing a 3.9 million barrel decline. Earlier this year, the EIA projected strong domestic crude and gas production through 2030, even as OPEC now expects global oil demand to grow well beyond 2050, fueled in part by surging power needs from AI-focused data centers in the Middle [...]

Obsidian Energy Ltd. announced today that a third party has made a non-binding offer to Obsidian Energy to acquire the Company's entire common share position in InPlay Oil Corp. , consisting of 9,139,784 InPlay common shares and representing approximately 32.7% of the issued and outstanding InPlay Shares, at a price per InPlay Share in excess of the closing price for such shares on the Toronto Stock Exchange as of July [...]