Operator
Obsidian Energy Ltd.
29 articles mentioning Obsidian Energy Ltd. · Page 2 of 2
Obsidian Running Two Cardium Rigs; Light Oil Production 'On Track' for 2018
Obsidian Energy has reported an update on its production outlook as well as drilling operations. Obsidian Energy is on track to deliver meaningful 2019 light oil production growth from our Willesden Green Cardium program. We now...
Obsidian Sees Lower than Expected Output in Q2; Talks Latest Drilling Activity
Obsidian Energy reported its Q2 2018 results. Highlights: Second quarter production averaged 28,697 boe per day, a decrease of three percent relative to first quarter 2018. We planned major turnarounds in the quarter at our Crimson...
Obsidian Boosts 2018 Cardium Spending by $50MM; 13 More Wells Planned
Obsidian Energy has reported a 2018 budget update for its Canada asset located in the Willesden Green Cardium area.
Obsidian Surpasses 2017 Guidance at Year-End; Touts Cardium Pad Results
Obsidian Energy has confirmed its full year 2017 production expectations as well as an operational update. Highlights: Full year 2017 production was 31,700 boe/d, above the high end of our guidance range of 30,500 – 31,500...
Obsidian Energy Adds Finance Pro to Board
Obsidian Energy has appointed Edward "Ed" H. Kernaghan to its Board of Directors. About Kernaghan: Mr. Kernaghan has over 15 years of experience in the financial services business. He held the position of Executive Vice-President at...
Obsidian Energy Spends 323% More YoY; Reports -27% in Production YoY in Q3
[Summary: Obsidian Energy reported its Q3 results. Highlights include: Updated 2017 production forecast to 30,500 - 31,500 Reported average daily production of 30,166 boe/d, a 27% decrease from Q3 2016 when daily production averaged 41,233 boe/d...
Guilty or Not? Obsidian Remains Silent After SEC Fraud Settlement
[Summary: Obsidian Energy, formerly Penn West Petroleum, agreed to pay $8.5 million to settle its lawsuit filed by the SEC for accusations of accounting fraud in order to artificially lower its operating expenses. As a condition...
Obsidian Energy Cuts 2017 Capex Over 10% to $160 Million
Obsidian Energy (formerly Penn West) reported its Q2 2017 results. Highlights include: Decreased Capex: Lowered 2017 capex to $160 million (down -11% from $180 million) The decrease is due to the current oil price environment Q2...
Penn West Changes Name to Obsidian Energy
Penn West Petroleum has changed its name to Obsidian Energy Ltd. The company listed its new stock on the TSX exchange and the NYSE under the symbol "OBE."