Obsidian Energy Ltd. Common Shares (A:OBE)
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Company News
Mar 27, 2023 07:00 ET
Obsidian Energy Comments on Alberta Energy Regulator Order Regarding Water Disposal Well
Calgary, Alberta--(Newsfile Corp. - March 27, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") confirms that the Alberta Energy Regulator ("AER") issued an order (the "Order") regarding the Company's 14-18-082-17W5 water disposal well (the "Water Disposal Well"), located approximately 40 kilometres Southeast of the Town of Peace River.
Mar 22, 2023 17:08 ET
Obsidian Energy Announces Syndicated Credit Facility Increase to $200 Million
Calgary, Alberta--(Newsfile Corp. - March 22, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an increase to our syndicated credit facility to $200.0 million from $175.0 million, with an extension of the revolving period to May 31, 2024, and the term-out date to May 31, 2025. The increase was part of our semi-annual borrowing base redetermination, which was completed earlier than normal (typically occurs in May and November of each year).
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