. . . Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program September 30, 2024 6:40 PM EDT | Source: Obsidian Energy Ltd. • 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 debt reduction • Licensed initial well targeting Belly River formation in Willesden Green to be drilled in the fourth quarter Calgary, Al ...

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 ($1.51 per share) Completed first half capital program with 34 (33.4 net) operated wells rig released and 33 (32.4 net) wells brought on production Completed the Peace River Clearwater acquisition, expanding our land base to 680 net sections with the addition of 148 net sections and production of 1,700 boe/d Calgary, Alberta--(Newsfile Corp. - A ...

Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - 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 American markets open on Thursday, August 1, 2024. In addition, the second quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, and under ou ...

ADDITIONAL READER ADVISORIES Barrels of oil equivalent ("boe") and barrels of oil equivalent per day ("boe/d") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of crude oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of crude oil as compared to natural gas is signifi ...

Group 1: Company Overview - Obsidian Energy Ltd. (OBE) is a Calgary-based exploration and production firm that has resolved its dispute with Woodland Cree First Nation (WCFN) and is resuming production in its Harmon Valley South field [4][8] - The company's production is estimated at 31,000 barrels of oil equivalent per day (boe/d), with the Harmon Valley South Field previously producing 4,500 net boe/d before the blockade [5] Group 2: Dispute Resolution - The dispute with WCFN arose in February due to concerns over Obsidian's expansion plans and seismic activity in the region [4] - Following extensive discussions facilitated by a mediator, an agreement in principle was reached, leading to the removal of the blockade [8] - The agreement has a term until the end of 2025, although other conditions remain confidential [8] Group 3: Market Position - Obsidian currently holds a Zacks Rank of 4 (Sell), indicating a less favorable market position [9] - In contrast, other companies in the energy sector, such as Archrock, SM Energy, and Hess Midstream, have better rankings, with Archrock rated as a Strong Buy [6][7]

zhengzaishuru Obsidian Energy (NYSE:OBE)(TSX:OBE:CA) announced positive results for its 1H 2024 development program, underpinned by strong heavy oil well results. It also made a Peace River acquisition that increases its net sections of Peace River land by over 25% and its Peace River production by over 20%. I believe these items should increase Obsidian's estimated value by approximately US$0.50 per share. However, Obsidian is currently involved in a significant dispute with the Woodland Cree First Nation. ...

Pembina (Cardium): HEAVY OIL ASSETS (PEACE RIVER) We are excited about the results to date of our 2024 development and exploration/appraisal programs in Peace River. Currently 13 (13.0 net) wells of the 15 (15.0 net) operated well development program have been rig Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date Robust results from our Peace River Dawson Clearwater developme ...

Exhibit 99.1 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 $58.5 million Repurchased and cancelled six percent of shares outstanding for $47.4 million CALGARY, February 22, 2024 - OBSIDIAN ENERGY LTD. (TSX / NYSE American – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number 1-32895 Obsidian Energy Ltd. (Translation of registrant's name into English) Suite 200, 207 – 9th Avenue SW Calgary, Alberta T2P 1K3 Canada (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

CALGARY, February 23, 2023 - OBSIDIAN ENERGY LTD. (TSX / NYSE American – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2022. The Company is also pleased to announce the appointment of Stephen Loukas as President and Chief Executive Officer of the Company, effective immediately. Exhibit 99.1 "Steve has served as Interim President and Chief Executive Officer since December 2019," said Gordon Ritchie ...