Core Viewpoint - Obsidian Energy has received a non-binding offer from a third party to acquire its entire common share position in InPlay Oil Corp, which consists of approximately 9,139,784 shares, representing about 32.7% of InPlay's outstanding shares, at a price exceeding the closing price on July 15, 2025 [1][2]. Group 1: Transaction Details - The negotiations regarding the potential acquisition (Disposition Transaction) are ongoing, and Obsidian Energy has agreed to engage exclusively with the third party until August 1, 2025 [1][2]. - The company will not proceed with its previously announced exchange offer to purchase approximately $10 million of its common shares from shareholders in Canada during this exclusivity period [1]. Group 2: Company Overview - Obsidian Energy is an intermediate-sized oil and gas producer with a diverse portfolio of high-quality assets primarily located in Alberta's Peace River, Willesden Green, and Viking areas [4]. - The company focuses on exploring, developing, and holding interests in oil and natural gas properties and related production infrastructure within the Western Canada Sedimentary Basin [4]. Group 3: Market Position - Obsidian Energy is listed on both the Toronto Stock Exchange and NYSE American under the symbol "OBE" [5][13].