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BRIEF-Obsidian Energy announces $8.5 mln settlement with U.S. SEC
November 15, 2017 / 6:47 PM / in a month

BRIEF-Obsidian Energy announces $8.5 mln settlement with U.S. SEC

Nov 15 (Reuters) - Obsidian Energy Ltd:

* Obsidian Energy announces US$8.5 million settlement with the U.S. Securities and Exchange Commission

* Obsidian Energy - ‍settlement is in relation to company’s 2014 restatement of certain financial results while it was known as Penn West Petroleum Ltd​

* Obsidian Energy - co will also be enjoined from future violations of certain provisions of U.S. Securities legislation as part of settlement​ Source text for Eikon: Further company coverage:

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