Obsidian Energy Ltd. News Releases

Obsidian Energy Announces Strategic Belly River Acquisition

Tue, 02 Jun 2026 20:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - June 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today the acquisition of high-return Belly River light oil assets in the Wilson Creek area of Willesden Green (the "Acquisition"), consolidating the Company's position as the largest Belly River producer and deepening our core light oil development platform. The transaction is immediately accretive to funds flow from operations...

Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

Mon, 01 Jun 2026 17:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - June 1, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update to our 2026 capital program and guidance, reflecting strong operational results and an improved commodity price outlook. Highlights:Increasing 2026 capital program by ~$100 million to $300 - $325 million, targeting ~15% production growth in 2027, while generating incremental free cash flow ("FCF")Approximately...

Obsidian Energy Announces Voting Results from the 2026 Annual and Special Meeting of Shareholders

Thu, 07 May 2026 17:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2026, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2026 Annual and Special Meeting and Management Proxy Circular dated March 15, 2026 (the "Information Circular"), which is available on SEDAR+ at...

Obsidian Energy Announces First Quarter 2026 Results

Thu, 07 May 2026 07:00:00 -0400

Average production of 28,733 boe/d in the first quarter, generated $61.0 million of funds flow from operationsActive development program in Peace River and Willesden Green while advancing strategic heavy oil waterflood initiativesRenewed normal course issuer bid and repurchased and cancelled ~1.5 million sharesCalgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report our...

Obsidian Energy Announces Operational Update

Mon, 13 Apr 2026 07:00:00 -0400

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",...

Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid

Thu, 26 Feb 2026 17:00:00 -0500

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...

Obsidian Energy Confirms Filing 2025 Year End Disclosure Documents

Thu, 19 Feb 2026 17:00:00 -0500

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...

Obsidian Energy Announces Fourth Quarter and Full Year 2025 Results

Thu, 19 Feb 2026 07:00:00 -0500

• 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...

Obsidian Energy Announces Strong 2025 Reserves Results

Thu, 05 Feb 2026 07:00:00 -0500

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...

Obsidian Energy Announces 2026 Guidance and Provides an Operational Update

Thu, 22 Jan 2026 07:00:00 -0500

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....