Remi Anthony Berthelet, a Senior Officer, acquired 32,400 Common Shares on a direct ownership basis at a price of $1.230 through an exercise of rights on March 30th, 2018. This represents a $39,852 investment into the company's shares and an account share holdings change of 30.1%.
David Warren Hendry, CFO, acquired 31,200 Common Shares on a direct ownership basis at a price of $1.230 through an exercise of rights on March 30th, 2018. This represents a $38,376 investment into the company's shares and an account share holdings change of 23.1%.
Andrew Francis Sweerts, a Senior Officer, acquired 33,600 Common Shares on a direct ownership basis at a price of $1.230 through an exercise of rights on March 30th, 2018. This represents a $41,328 investment into the company's shares and an account share holdings change of 24.6%.
Obsidian Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Obsidian Energy Ltd, formerly Penn West Petroleum Ltd, is a Canada-based conventional oil and natural gas producer and development and production company. The Company operates a portfolio of opportunities with an oil position in the Cardium, Viking and Peace River areas of Alberta. The Alberta Viking area offers a mix of light-oil and gas with high-netback shorter cycle wells to complement longer cycle activities in the Cardium. The Cardium is concentrated on the low-decline and high-netback light-oil production. The Company is focused on an integrated waterflood approach in which it maintain reservoir pressure from the start of production to reduce decline rates on new wells. The Peace River operates in a crude oil resource industry.
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