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		<title>Obsidian Energy Ltd. News Releases</title>
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		<description>Latest news from Obsidian Energy Ltd., as distributed by TMX Newsfile.</description>
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		<copyright>CopyRight (c) 2026, Newsfile Corp. All Rights Reserved.</copyright>
		<managingEditor>office@newsfilecorp.com (Newsfile Corp.)</managingEditor>
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		<lastBuildDate>Thu, 16 Apr 2026 02:05:53 -0400</lastBuildDate>
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			<title>Obsidian Energy Ltd. News Releases</title>
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			<title>Obsidian Energy Announces Operational Update</title>
			<link>https://www.newsfilecorp.com/release/292100/Obsidian-Energy-Announces-Operational-Update</link>
			<description>Robust Belly River and Cardium results in Willesden Green, with three additional wells expected on production in mid-AprilContinued progress on Clearwater waterflood initiatives with the Dawson pilot commissioned and both Nampa and West Dawson injector wells rig releasedHighest quality oil produced to date in Peace River on the West Dawson and Nampa padsCalgary, Alberta--(Newsfile Corp. - April 13, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company",...&lt;img src="https://api.newsfilecorp.com/newsinfo/292100/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Mon, 13 Apr 2026 07:00:00 -0400</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid</title>
			<link>https://www.newsfilecorp.com/release/285474/Obsidian-Energy-Announces-TSX-Approval-for-Renewal-of-Normal-Course-Issuer-Bid</link>
			<description>Calgary, Alberta--(Newsfile Corp. - February 26, 2026) -  OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian Energy's notice of intention to renew our normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 6,458,536 common shares (representing 10 percent of the Company's public float, as defined by the TSX, as of...&lt;img src="https://api.newsfilecorp.com/newsinfo/285474/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 26 Feb 2026 17:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Confirms Filing 2025 Year End Disclosure Documents</title>
			<link>https://www.newsfilecorp.com/release/284547/Obsidian-Energy-Confirms-Filing-2025-Year-End-Disclosure-Documents</link>
			<description>Calgary, Alberta--(Newsfile Corp. - February 19, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2025 and related Management's Discussion and Analysis.  Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2025, which includes the...&lt;img src="https://api.newsfilecorp.com/newsinfo/284547/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 19 Feb 2026 17:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Fourth Quarter and Full Year 2025 Results</title>
			<link>https://www.newsfilecorp.com/release/284462/Obsidian-Energy-Announces-Fourth-Quarter-and-Full-Year-2025-Results</link>
			<description>• Average production of 27,971 boe/d in the fourth quarter, generated $56.6 million of funds flow from operations• Successful 2025 capital program including waterflood initiatives resulted in reserve replacement ratios over 100%• Active prepaid equity forward program in Q4/25 and into 2026 with a total of 4.3 million shares purchased Calgary, Alberta--(Newsfile Corp. - February 19, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or...&lt;img src="https://api.newsfilecorp.com/newsinfo/284462/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 19 Feb 2026 07:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Strong 2025 Reserves Results</title>
			<link>https://www.newsfilecorp.com/release/282780/Obsidian-Energy-Announces-Strong-2025-Reserves-Results</link>
			<description>Reserve replacement of 118 percent, 185 percent and 235 percent of 2025 production (adjusted for dispositions) on a proved developed producing ("PDP"), proved ("1P"), and proved plus probable("2P") reserves basisAdded locations in the Willesden Green (Belly River) in both Crimson and Open Creek based on 2025 successInitial waterflood reserve bookings from recent pilots at Peace River in the ClearwaterCalgary, Alberta--(Newsfile Corp. - February 5, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE...&lt;img src="https://api.newsfilecorp.com/newsinfo/282780/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 05 Feb 2026 07:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces 2026 Guidance and Provides an Operational Update</title>
			<link>https://www.newsfilecorp.com/release/281205/Obsidian-Energy-Announces-2026-Guidance-and-Provides-an-Operational-Update</link>
			<description>Capital expenditures guidance of $210 million (midpoint) resulting in 38 net operated wells drilled at both Peace River and Willesden Green including $22 million in waterflood spendingProduction guidance of 28,900 boe/d (midpoint) for 2026, approximately 55% weighted to our light oil assets and 45% weighted to our heavy oil assetsFunds flow from operations of $225 million ($3.35 per basic share) based on WTI of US$58.00/bbl in H1 2026 and US$62.00/bbl in H2 2026Calgary, Alberta--(Newsfile Corp....&lt;img src="https://api.newsfilecorp.com/newsinfo/281205/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 22 Jan 2026 07:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Closing of $175 Million, 5-Year Senior Unsecured Notes Due in 2030 and Redemption of Existing $80.8 Million Senior Unsecured Notes Due in 2027</title>
			<link>https://www.newsfilecorp.com/release/276793/Obsidian-Energy-Announces-Closing-of-175-Million-5Year-Senior-Unsecured-Notes-Due-in-2030-and-Redemption-of-Existing-80.8-Million-Senior-Unsecured-Notes-Due-in-2027</link>
			<description>Calgary, Alberta--(Newsfile Corp. - December 3, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has successfully closed the previously announced private placement offering (the "Offering") of $175.0 million aggregate principal amount of 8.125 percent five-year senior unsecured notes due December 3, 2030 (the "2030 Notes"). The 2030 Notes were issued at par under a trust indenture and are direct senior...&lt;img src="https://api.newsfilecorp.com/newsinfo/276793/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Wed, 03 Dec 2025 17:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Offering and Pricing of $175 Million, 5-Year Senior Unsecured Notes due in 2030 and Redemption of Existing $80.8 Million Senior Unsecured Notes due in 2027</title>
			<link>https://www.newsfilecorp.com/release/275217/Obsidian-Energy-Announces-Offering-and-Pricing-of-175-Million-5Year-Senior-Unsecured-Notes-due-in-2030-and-Redemption-of-Existing-80.8-Million-Senior-Unsecured-Notes-due-in-2027</link>
			<description>NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - November 19, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has entered into an underwriting agreement to sell, on a private placement basis (the "Offering"), $175.0 million aggregate principal amount of 8.125 percent five-year senior unsecured notes due December 3, 2030 (the...&lt;img src="https://api.newsfilecorp.com/newsinfo/275217/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Wed, 19 Nov 2025 17:00:00 -0500</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Third Quarter 2025 Results</title>
			<link>https://www.newsfilecorp.com/release/272486/Obsidian-Energy-Announces-Third-Quarter-2025-Results</link>
			<description>Active H2 2025 capital program in Peace River and successful drilling of the first Belly River well in CrimsonAverage production of 27,316 boe per day resulting in funds flow from operations of $49.7 million ($0.74 per share basic) including a $5.5 million mark-to-market impact on share-based compensation Increased H2 2025 production guidance to 27,800 - 28,300 boe/d on strong results from our development programCommencement of a pre-paid equity forward program to hedge our outstanding...&lt;img src="https://api.newsfilecorp.com/newsinfo/272486/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Thu, 30 Oct 2025 07:00:00 -0400</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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			<title>Obsidian Energy Announces Second Half Capital Program Update</title>
			<link>https://www.newsfilecorp.com/release/265459/Obsidian-Energy-Announces-Second-Half-Capital-Program-Update</link>
			<description>Initial results from H2 2025 drilling program above internal expectationsCommencement of water injection on pilots in both the Bluesky and Clearwater formations at Peace RiverRecord seven-day production average in Peace River of ~14,500 boe/d Calgary, Alberta--(Newsfile Corp. - September 8, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE)  ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our second half 2025 capital program. We...&lt;img src="https://api.newsfilecorp.com/newsinfo/265459/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Mon, 08 Sep 2025 07:00:00 -0400</pubDate>
			<category domain="https://www.newsfilecorp.com/language">en</category>
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