Obsidian Energy Announces Closing of Peace River Acquisition

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 ...