The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.

Obsidian Energy agreed to sell its operated Pembina assets to InPlay Oil in a ~$320M deal. including a 34.6% interest in the ...

Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain ...

BMO Capital analyst Jeremy McCrea raised the firm’s price target on Obsidian Energy (OBE) to C$14 from C$12 and keeps an Outperform rating on ...

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Gibson Energy (GBNXF – Research Report) and Obsidian ...

Obsidian Energy (OBE) shares rose 7.3% in aftermarket trade on Wednesday after the company agreed to sell some of its assets ...

InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.

Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain circumstances ...

Obsidian Energy (NYSE:OBE) had a strong finish to its 2024 operations, including Q4 2024 production that was approximately 40,000 BOEPD. This resulted in its full-year production coming in ...

Announced the results of its independent reserves evaluation for the year ended December 31, 2024. Reserve rep ...

On February 19, 2025, Obsidian Energy Ltd. agreed to sell its operated Pembina assets to InPlay Oil Corp. for approximately $320 million. The deal included $220 million in cash, $85 million in InPlay ...