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Stock impact report

Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program [Yahoo! Finance]

Obsidian Energy Ltd. (OBE) 
Last obsidian energy ltd. earnings: 8/2 06:30 am Check Earnings Report
US:NYSE Investor Relations: obsidianenergy.com/investor-centre
Company Research Source: Yahoo! Finance
• Nampa Clearwater well producing at strong early rates with superior oil quality Calgary, Alberta--(Newsfile Corp. - February 28, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company we us " or " our is pleased to provide an operational update on our first half 2024 capital program. Our program continued with development of our Willesden Green/Pembina (Cardium) assets and exploration/appraisal and development drilling in the Clearwater and Bluesky formations in Peace River. We also completed the optimization of our Viking wells that were drilled in late 2023, which showed strong production results. Development activity has increased current production to over 36,500 boe/d (based on field estimates); while cold weather in January impacted production, we are currently running slightly ahead of our planned production year-to-date with the resumption of normal operations and strong initial rates from wells onstream in February. "We are ext Show less Read more
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