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Stock impact report

Police present but not enforcing injunction at Alberta oil blockade [Globe and Mail, The (Toronto, Canada)]

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
“We are aware of the situation, and we have dispatched resources to speak with both parties,” said RCMP Cpl. Mathew Howell. “We have not gone into an enforcement capacity. We're trying to get both parties to the table.” On Monday, a judge issued an injunction for members of the Woodland Cree First Nation, north of Peace River, to clear a road used by Calgary-based Obsidian Energy. The blockade was first set up in February and Obsidian says it needs the road to conduct maintenance on a pipeline site. “This work is time-sensitive as it must be completed prior to break up and the imposition of road bans,” say court documents filed by Obsidian. Chief Isaac Laboucan-Avirom said the dispute began last year. He said the First Nation was taken by surprise when Obsidian announced plans for about 200 new wells without consulting the band ahead of time. “They do have to talk to us,” he said, speaking from the blockade site where protesters were finishing up a lunch of moose ribs. “I Show less Read more
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