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Obsidian Energy Ltd (OBE.TO)

OBE.TO on Toronto Stock Exchange

1.48CAD
15 Dec 2017
Change (% chg)

$0.01 (+0.68%)
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Volume
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Latest Key Developments (Source: Significant Developments)

David Lorber reports 5.6 pct stake in Obsidian Energy
Tuesday, 21 Nov 2017 

Nov 20 (Reuters) - David Lorber::David Lorber reports 5.6 percent stake in Obsidian Energy Ltd as of November 8 - SEC filing.David Lorber says purchased securities of Obsidian Energy based on belief that such securities, when purchased, were "undervalued".  Full Article

Obsidian Energy announces $8.5 mln settlement with U.S. SEC
Thursday, 16 Nov 2017 

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​.  Full Article

Obsidian Energy Ltd Q3 FFO per share $‍0.08​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Obsidian Energy Ltd :Obsidian Energy announces strong third quarter results and 2018 budget.Obsidian Energy Ltd - ‍forecasting full year 2017 production at high end of our 30,500 - 31,500 boe per day guidance range​.Obsidian Energy Ltd - ‍anticipate five percent production growth in 2018 while investing only 80 percent of funds flow from operations​.Obsidian Energy Ltd - ‍remain on track to meet full year 2017 capital guidance​.Obsidian Energy Ltd qtrly FFO per share $‍0.08​.Obsidian Energy - ‍average corporate production for Q3 2017 was 30,166 boe per day, compared with 41,233 boe per day in Q3 2016​.Obsidian Energy Ltd sees ‍2018 2018 total capital expenditures $135 million​.  Full Article

Obsidian Energy reports qtrly FFO of $‍0.08 per share
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Obsidian Energy Ltd ::Says qtrly FFO $‍0.08 per share ​.Says ‍anticipate five percent production growth in 2018​.  Full Article

Edward Kernaghan reports a 5.5 pct stake in Obsidian Energy as of Oct 3
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Obsidian Energy Ltd :Edward J. Kernaghan reports a 5.5 pct stake in Obsidian Energy as of Oct 3 - SEC filing.Edward J. Kernaghan says shares acquired in Obsidian Energy Ltd "with a view towards investment".  Full Article

Penn West announces new Chief Executive Officer
Tuesday, 4 Oct 2016 

Penn West Petroleum Ltd : Penn West announces new Chief Executive Officer, David French, to succeed Dave Roberts . French will be joining as President and CEO and will join board of directors with effect from October 24, 2016 . French most recently served as President and CEO Of Bankers Petroleum Ltd .Roberts will continue to lead Penn West in October.  Full Article

Penn West offers to prepay $448 mln of senior notes at par
Monday, 3 Oct 2016 

Penn West Petroleum Ltd : Penn west offers to prepay $448 million of senior notes at par . Total principal amount of senior notes currently outstanding is approximately $576 million prior to prepayment offer . Total principal amount of senior notes currently outstanding is approximately $576 million prior to prepayment offer . Expect pro-forma senior debt at end of Q3 to be reduced to approximately $470 million from $2.0 billion at year-end 2015 . Expect to remain in full compliance with all of financial covenants going forward into 2017 . Expect to complete prepayment process prior to releasing our Q3 financial and operating results in early November .If prepayment offer is not fully accepted by noteholders, intend to use unallocated cash to reduce debt under revolving bank credit facility.  Full Article

Penn West announces financial and operational results for Q2
Thursday, 4 Aug 2016 

Penn West Petroleum Ltd :Announces its financial and operational results for the second quarter ended June 30, 2016.  Full Article

Penn West announces financial and operational results for Q2
Thursday, 4 Aug 2016 

Penn West Petroleum Ltd :Announces its financial and operational results for the second quarter ended June 30, 2016.  Full Article

Teine Energy announces significant asset acquisition
Saturday, 11 Jun 2016 

Teine Energy Ltd: Transaction will be funded by Canada Pension Plan Investment Board ("CPPIB") and company's existing credit facilities . J.P. Morgan Securities, LLC acted as financial advisor to Teine on transaction .Teine Energy Ltd announces significant asset acquisition.  Full Article

BRIEF-David Lorber reports 5.6 pct stake in Obsidian Energy

* David Lorber reports 5.6 percent stake in Obsidian Energy Ltd as of November 8 - SEC filing