Obsidian Energy Receives Solid Value From Its Sale Of InPlay Oil Shares

Group 1 - Obsidian Energy Ltd. has significantly reduced its net debt through the sale of its stake in InPlay Oil Corp [2] - The company has been repurchasing/redeeming its 11.95% unsecured debt [2] - The focus of the investment group Distressed Value Investing is on value opportunities and distressed plays, particularly in the energy sector [2]