Core Points - Obsidian Energy has launched an offer to purchase up to $48.4 million of its outstanding Senior Unsecured Notes, which have an interest rate of 11.95% and are due on July 27, 2027 [1][3] - As of July 31, 2025, the total outstanding principal amount of these Notes is $112.2 million [1] - The offer will expire on August 12, 2025, at 5:00 p.m. Eastern Daylight Time, unless extended [1] Offer Details - Holders of the Notes who validly tender them will receive cash consideration of $1,030 per $1,000 principal amount, plus any accrued and unpaid interest up to the settlement date, expected on August 15, 2025 [2] - The offer is not conditional on a minimum amount of Notes being tendered, and if the total purchase price exceeds the Maximum Purchase Consideration, the acceptance will be on a pro rata basis [3] Documentation and Contact - The offer is made pursuant to the terms in the Offer to Purchase, related letter of transmittal, and notice of guaranteed delivery, which can be obtained from Computershare Investor Services Inc. [4]