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, ...
Obsidian Energy (OBE) shares rose 7.3% in aftermarket trade on Wednesday after the company agreed to sell some of its assets ...
Real time quote data is not available at this time. *Data is provided by Barchart.com. Data reflects weightings calculated at the beginning of each month. Data is subject to change. **Green ...
The Acquired Assets are consistent with InPlay's business model of acquiring high quality, operated, light crude oil reservoirs with large original oil in-place ("OOIP"). The Acquired Assets meet ...
Reserve life index is an  index  reflecting  the  theoretical  production  life  of  a  property  if  the remaining reserves were to be produced out at current production rates. The index is ...
These include 243 net locations in the Cardium, 97 net locations in the Clearwater, 63 net locations in the Bluesky, 50 net locations in the Viking, three net locations in the Mannville ...