Obsidian Energy Provides Year-end 2019 Production and Reconfirmation of Existing Credit Facility
Obsidian Energy Ltd. (OBE)
Last obsidian energy ltd. earnings: 8/2 06:30 am
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US:NYSE Investor Relations:
obsidianenergy.com/investor-centre
Company Research
Source: PR Newswire
CALGARY, Jan. 21, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its year-end 2019 production numbers as well as the reconfirmation of its existing credit facility. Full Year 2019 Production Full year 2019 production was 26,900 boe/d, within our recent full year guidance range of 26,750 to 27,250 boe/d. Additionally, production in the fourth quarter of 2019 was approximately 26,600 boe/d, with an average December rate of approximately 28,000 boe/d – allowing the Company to enter 2020 with operating momentum.Reconfirmation of Existing Credit FacilityAs previously disclosed, the Company has a reserve-based syndicated credit facility which is subject to a semi-annual borrowing base redetermination typically in May and November of each year. During the third quarter of 2019, the Company reached an agreement (the "Agreement") with its lenders whereby the underlying borrowing base of the synd
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OBE
Sec Filings
- 11/7/24 - Form SC
- 11/7/24 - Form 144
- 10/31/24 - Form 6-K
- OBE's page on the SEC website