Obsidian

Obsidian Announces New Partner Program with 100 Percent Channel Commitment

Retrieved on: 
Thursday, September 3, 2020

The Magma program is designed to drive profitability and predictability by prioritizing the channel for resale, services, and support.

Key Points: 
  • The Magma program is designed to drive profitability and predictability by prioritizing the channel for resale, services, and support.
  • The new program is led by Claudia Slane, the global director of channels and alliances at Obsidian.
  • Obsidian is 100 percent committed to the channel and has built an attractive program for partners to be successful.
  • For more information about the Magma Partner Program and how to become a partner, please visit www.obsidiansecurity.com/partners .

Obsidian Energy Proposes Combination Transaction to Bonterra Energy Corp.

Retrieved on: 
Monday, August 31, 2020

CALGARY, AB, Aug. 31, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that it has sent the following letter to Bonterra Energy Corp. (TSX: BNE)("Bonterra") proposing a combination transaction that would be expected to result in significant cost synergies and drive substantial accretion across all financial metrics for both Obsidian Energy and Bonterra.

Key Points: 
  • CALGARY, AB, Aug. 31, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that it has sent the following letter to Bonterra Energy Corp. (TSX: BNE)("Bonterra") proposing a combination transaction that would be expected to result in significant cost synergies and drive substantial accretion across all financial metrics for both Obsidian Energy and Bonterra.
  • As you are aware, Obsidian Energy Ltd. ("Obsidian Energy") and Bonterra Energy Corp. ("Bonterra") have been engaged in periodic discussions pertaining to a potential friendly business combination transaction since at least January of 2019.
  • Obsidian Energy's Board of Directors has been prepared to immediately engage in substantive transaction discussions and work expeditiously and collaboratively with Bonterra towards the announcement of a mutually-beneficial combination transaction since June.
  • Absent expeditious engagement by Bonterra over the coming days, Obsidian Energy is prepared to pursue all options to consummate this transaction.

Obsidian Energy Announces Voting Results from the 2020 Annual and Special Meeting of Shareholders

Retrieved on: 
Friday, July 31, 2020

CALGARY, AB, July 30, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on July 30, 2020, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2020 Annual and Special Meeting and Management Proxy Circular dated June 15, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com , on EDGAR at www.sec.gov , and on Obsidian Energy's website at www.obsidianenergy.com .

Key Points: 
  • CALGARY, AB, July 30, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") is pleased to announce that at its annual and special meeting of shareholders held on July 30, 2020, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2020 Annual and Special Meeting and Management Proxy Circular dated June 15, 2020 (the "Information Circular"), which is available on SEDAR at www.sedar.com , on EDGAR at www.sec.gov , and on Obsidian Energy's website at www.obsidianenergy.com .
  • By resolution passed by show of hands, Ernst & Young LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year.
  • By resolutions passed by ballot vote, the following eight nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

Obsidian Energy Provides Annual General Meeting Update and Webcast Details

Retrieved on: 
Tuesday, July 28, 2020

CALGARY, AB, July 27 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT).

Key Points: 
  • CALGARY, AB, July 27 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT).
  • Following the conclusion of the Meeting, our Interim President and CEO, Mr. Stephen Loukas, will host a webcast presentation.
  • A recording will be available for replay two hours after the call's completion and will remain available untilAugust 6, 2020.
  • Obsidian Energy is expected to release its second quarter 2020 financial and operational results before North American markets open on Thursday, July 30, 2020.

Obsidian Energy Provides Corporate and Operational Update

Retrieved on: 
Tuesday, June 23, 2020

Please note that initial production and/or peak rates are not necessarily indicative of long-term performance or ultimate recovery.

Key Points: 
  • Please note that initial production and/or peak rates are not necessarily indicative of long-term performance or ultimate recovery.
  • Although Obsidian Energy believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Obsidian Energy can give no assurances that they will prove to be correct.
  • Unless otherwise specified, the forward-looking statements contained in this document speak only as of the date of this document.
  • Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward.

Obsidian Energy to Commence Trading on the OTCQX

Retrieved on: 
Monday, June 15, 2020

CALGARY, AB, June 15, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that our common shares will commence trading on the OTCQX market on June 16, 2020, under the same symbol it is currently trading (OBELF).

Key Points: 
  • CALGARY, AB, June 15, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQB: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that our common shares will commence trading on the OTCQX market on June 16, 2020, under the same symbol it is currently trading (OBELF).
  • The OTCQX Best Market requires companies to meet high financial standards, follow best practice corporate governance and demonstrate compliance with US securities law within the OTC Markets for investors.
  • Obsidian Energy will continue to tradeon the Toronto Stock Exchange under the symbol OBE.
  • Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of the "safe harbor" provisions of applicable securities legislation.

Obsidian Energy Provides Corporate and Operational Update

Retrieved on: 
Thursday, April 23, 2020

Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements").

Key Points: 
  • Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements").
  • Please note that initial production and/or peak rates are not necessarily indicative of long-term performance or ultimate recovery.
  • Although Obsidian Energy believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Obsidian Energy can give no assurances that they will prove to be correct.
  • Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward.

Obsidian Energy Appoints Stephen Loukas Interim President & CEO and Makes Other Appointments to Management Team including Peter Scott as the Senior Vice President, CFO; Announces Reconfirmation of the Company's Syndicated Credit Facility Provides Operatio

Retrieved on: 
Monday, December 2, 2019

The reactivated Commercial Committee will ensure that the transition is seamless and that the Company maintains the advantage of Mike's expertise."

Key Points: 
  • The reactivated Commercial Committee will ensure that the transition is seamless and that the Company maintains the advantage of Mike's expertise."
  • Obsidian Energy is pleased to announce the hiring of Mr. Peter Scott as Senior Vice President and Chief Financial Officer, effective December 2, 2019, replacing David Hendry.
  • Mr. Scott has over 30 years of business and financial experience including more than 20 years as Chief Financial Officer of public and private companies.
  • As a result, the Company'sborrowing base and syndicated credit facility remain at $550 million and $460 million, respectively.

Obsidian Energy Announces Date of Third Quarter Results and Resignation of CFO

Retrieved on: 
Monday, October 21, 2019

CALGARY, Oct. 21, 2019 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX OBE, NYSE OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the reporting date of its upcoming third quarter 2019 financial and operating results and the resignation of its Chief Financial Officer.

Key Points: 
  • CALGARY, Oct. 21, 2019 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX OBE, NYSE OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the reporting date of its upcoming third quarter 2019 financial and operating results and the resignation of its Chief Financial Officer.
  • Obsidian Energy expects to release its third quarter 2019 financial and operational results before North American markets open onMonday, November 4, 2019.
  • David Hendry, Chief Financial Officer ("CFO") has submitted his resignation, effective November 15, 2019 to pursue another opportunity.
  • Obsidian Energy is currently in discussions to secure a successor and expects to announce a replacement in the near future.

You Might Be Cloud-First, But Security Is Still an Afterthought

Retrieved on: 
Tuesday, September 24, 2019

Nonetheless, even with this shift to the cloud, 81 percent of respondents said their on-premises data security practices are more mature than those that are intended to secure cloud-resident data.

Key Points: 
  • Nonetheless, even with this shift to the cloud, 81 percent of respondents said their on-premises data security practices are more mature than those that are intended to secure cloud-resident data.
  • This report is a call for a modern approach to security that is designed from the ground up to protect cloud-native environments.
  • Signal Sciences patented architecture provides organizations working in a modern development environment with comprehensive and scalable threat protection and security visibility.
  • Signal Sciences is the recipient of InfoWorlds Technology of the Year and Computings DevOps Excellence Award for Best DevOps Security Tool .