Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Obsidian Energy Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Obsidian Energy Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 9
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Obsidian Energy Ltd, Oil & Gas, Deal Details 11
Asset Purchase 11
Penn West Acquires Undeveloped Acreage In Alberta For US$8 Million 11
Penn West Petroleum Completes Acquisition Of Remaining 50% Interest In Oil And Assets In British Columbia From Mitsubishi 12
Asset Transactions 13
Obsidian Energy Plans To Sell Peace River Assets In Alberta 13
Obsidian Energy Sells Non-Core Legacy Assets In Canada 14
Penn West Petroleum Sells Oil And Gas Assets In British Columbia And Alberta For US$49.5 Million 15
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Canada For US$57.5 Million 16
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$23.4 Million 17
Teine Energy Completes Acquisition Of Oil Assets In Saskatchewan From Penn West Petroleum For US$767.1 Million 18
Penn West Petroleum To Sell Oil And Gas Assets In Alberta For US$110.2 Million 20
Penn West Petroleum Completes Sale Of Slave Point Area Oil And Gas Properties In Alberta For US$113.8 Million 21
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$38.4 Million 22
Penn West Completes Sale Of 9.5% Working Interest In Weyburn Oilfield In Saskatchewan For US$153 Million 23
Penn West Completes Sale Of Greater Mitsue Properties In Alberta For US$145.3 Million 24
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In South Central Alberta For US$316.2 Million 25
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Central And Southwestern Alberta For US$159.7 Million 26
Penn West Petroleum Completes Sale Of Non Core Oil And Gas Assets In Canada For US$465.5 Million 27
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Canada For US$1.37 Billion 28
Acquisition 29
Obsidian Energy To Sell Royalty Interest In Oil And Gas Assets In Alberta For US$31.2 Million 29
Freehold Royalties Completes Acquisition Of Two Royalty Packages In Alberta, Saskatchewan And Manitoba From Penn West Petroleum For US$252.3 Million 30
Franco-Nevada Completes Acquisition Of 11.7% Royalty Interest In Weyburn Oil Unit In Saskatchewan From Penn West Petroleum For US$401.6 Million 32
Obsidian Energy Ltd – Key Competitors 34
Obsidian Energy Ltd – Key Employees 35
Obsidian Energy Ltd – Locations And Subsidiaries 36
Head Office 36
Other Locations & Subsidiaries 36
Recent Developments 37
Financial Announcements 37
Aug 02, 2018: Obsidian Energy announces second quarter 2018 financial and operational results 37
May 11, 2018: Obsidian Energy Announces First Quarter 2018 Financial And Operational Results 40
Nov 10, 2017: Obsidian Energy Announces Strong Third Quarter Results And 2018 Budget 43
Aug 09, 2017: Obsidian Energy Announces Second Quarter 2017 Financial And Operational Results 47
May 04, 2017: Penn West Announces Strong First Quarter 2017 Financial And Operational Results 50
Mar 15, 2017: Penn West Announces Its Financial And Operational Results For Year Ended December 31, 2016 And 2016 Reserves Results 52
Other Significant Developments 56
Oct 10, 2018: Obsidian Energy announces operational update and investor day details 56
Sep 18, 2018: Obsidian Energy receives continued listing standard notification from New York Stock Exchange regarding price of its common shares 57
Jun 04, 2018: Obsidian Energy Announces Strategic Update With Additional $50 Million Of Cardium Development 58
May 01, 2018: Obsidian Energy Regains Compliance With New York Stock Exchange’s Continued Listing Standard 60
Mar 12, 2018: Obsidian Energy Receives Continued Listing Standard Notification From New York Stock Exchange 61
Mar 07, 2018: Obsidian Energy Announces Year End 2017 Financial And Operational Results And Proposed Common Share Consolidation 62
Feb 22, 2018: Obsidian Energy Announces New Chairman Of Board Of Directors, 126 Percent Reserve Replacement & Conference Call Details To Discuss Its Year-End 2017 Results 65
Jan 15, 2018: Obsidian Energy Announces Full Year 2017 Production Above Guidance & Provides Operational Update 67
Nov 01, 2017: Obsidian Energy Regains Compliance With New York Stock Exchange’s Continued Listing Standard Regarding Price Of Its Common Stock 68
Sep 15, 2017: Obsidian Energy Receives Continued Listing Standard Notification From New York Stock Exchange Regarding Price Of Its Common Stock 69
Jun 28, 2017: Penn West Named In Lawsuit Due To Previously Disclosed Accounting Practices 70
Jun 26, 2017: Penn West Changes Name To Obsidian Energy And Announces Voting Results From The 2017 Annual And Special Meeting Of Shareholders 71
May 26, 2017: Penn West Proposes Name Change To Obsidian Energy 72
May 18, 2017: Penn West Closes New Reserve-Based Credit Facility 73
Jan 05, 2017: Penn West Announces 2017 Capital Budget And Senior Management Changes 74
Appendix 76
Methodology 76
About GlobalData 76
Contact Us 76
Disclaimer 76
Obsidian Energy Ltd, Oil & Gas, Key Facts, 2017 2
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Obsidian Energy Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Obsidian Energy Ltd, Deals By Sector, 2012 to YTD 2018 9
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Penn West Acquires Undeveloped Acreage In Alberta For US$8 Million 11
Penn West Petroleum Completes Acquisition Of Remaining 50% Interest In Oil And Assets In British Columbia From Mitsubishi 12
Obsidian Energy Plans To Sell Peace River Assets In Alberta 13
Obsidian Energy Sells Non-Core Legacy Assets In Canada 14
Penn West Petroleum Sells Oil And Gas Assets In British Columbia And Alberta For US$49.5 Million 15
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Canada For US$57.5 Million 16
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$23.4 Million 17
Teine Energy Completes Acquisition Of Oil Assets In Saskatchewan From Penn West Petroleum For US$767.1 Million 18
Penn West Petroleum To Sell Oil And Gas Assets In Alberta For US$110.2 Million 20
Penn West Petroleum Completes Sale Of Slave Point Area Oil And Gas Properties In Alberta For US$113.8 Million 21
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$38.4 Million 22
Penn West Completes Sale Of 9.5% Working Interest In Weyburn Oilfield In Saskatchewan For US$153 Million 23
Penn West Completes Sale Of Greater Mitsue Properties In Alberta For US$145.3 Million 24
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In South Central Alberta For US$316.2 Million 25
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Central And Southwestern Alberta For US$159.7 Million 26
Penn West Petroleum Completes Sale Of Non Core Oil And Gas Assets In Canada For US$465.5 Million 27
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Canada For US$1.37 Billion 28
Obsidian Energy To Sell Royalty Interest In Oil And Gas Assets In Alberta For US$31.2 Million 29
Freehold Royalties Completes Acquisition Of Two Royalty Packages In Alberta, Saskatchewan And Manitoba From Penn West Petroleum For US$252.3 Million 30
Franco-Nevada Completes Acquisition Of 11.7% Royalty Interest In Weyburn Oil Unit In Saskatchewan From Penn West Petroleum For US$401.6 Million 32
Obsidian Energy Ltd, Key Competitors 34
Obsidian Energy Ltd, Key Employees 35
Obsidian Energy Ltd, Subsidiaries 36
List of Figures
Obsidian Energy Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Obsidian Energy Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Obsidian Energy Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 7
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Obsidian Energy Ltd, Oil & Gas, Deals by Sector, 2012 to YTD 2018 9