Obsidian Energy Ltd (OBE) Stock Price, News, Quotes-Moomoo

$Obsidian Energy Ltd (OBE.US)$
Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program
Obsidian Energy (TSX: OBE) (NYSE American: OBE) has revised its 2024 guidance, increasing production estimates to 37,000-37,400 boe/d due to strong drilling results. The company has also reduced capital expenditures by $15 million, reallocating funds towards share buybacks and debt reduction. Key changes include:
- Increased production guidance to 37,000-37,400 boe/d (15% ...

Jaguar8

Jun 26 16:01

NEWS

$Obsidian Energy Ltd (OBE.US)$
Obsidian Energy Announces Closing of Peace River Acquisition
Obsidian Energy has completed its acquisition of Clearwater production assets and 148 net sections of land in the Peace River area, amounting to approximately 1,700 boe/d of oil production, as of April 2024. The acquisition, valued at $80.5 million, was funded through the company's syndicated bank facility and a $50 million term loan maturing in June 2025. CEO Stephen Loukas highlighted the strategic b...

Jaguar8

May 28 19:03

NEWS

$Obsidian Energy Ltd (OBE.US)$
Obsidian Energy Announces Peace River Acquisition and Increased 2024 Average Production Guidance
Obsidian Energy announced the acquisition of Peace River Peavine and Gift Lake assets, adding 1,700 boe/d of Clearwater production and 148 net sections of land for $76 million. This acquisition increases Obsidian's land position to over 680 net sections with Clearwater and Bluesky oil rights. The deal is expected to close by July 14, 2024, funded through debt financi...