Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Obsidian Energy Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Obsidian Energy Ltd, Oil & Gas, Deals By Sector, 2011 to YTD 2017 9
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Obsidian Energy Ltd, Oil & Gas, Deal Details 12
Asset Purchase 12
Penn West Acquires Undeveloped Acreage In Alberta For US$8 Million 12
Penn West Petroleum Completes Acquisition Of Remaining 50% Interest In Oil And Assets In British Columbia From Mitsubishi 13
Penn West Petroleum Completes Acquisition Of 50% Interest In Oil And Gas Property In Alberta From Great Pacific International 14
Debt Offering 16
Penn West Completes Private Placement Of Senior Unsecured Notes For US$135 Million 16
Penn West Petroleum Completes Public Offering Of 4.73% Series DD Senior Notes, Due 2018 For US$0.2 Million 17
Penn West Petroleum Completes Public Offering Of 5.29% Series EE Senior Notes, Due 2021 For US$12 Million 18
Penn West Petroleum Completes Public Offering Of 5.38% Series X Senior Notes, Due 2020 For US$13 Million 19
Penn West Petroleum Completes Public Offering Of 5.73% Series Z Senior Notes, Due 2025 For US$2 Million 20
Asset Transactions 21
Penn West Petroleum Sells Oil And Gas Assets In British Columbia And Alberta For US$49.5 Million 21
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Canada For US$57.5 Million 22
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$23.4 Million 23
Teine Energy Completes Acquisition Of Oil Assets In Saskatchewan From Penn West Petroleum For US$767.1 Million 24
Penn West Petroleum To Sell Oil And Gas Assets In Alberta For US$110.2 Million 26
Penn West Petroleum Completes Sale Of Slave Point Area Oil And Gas Properties In Alberta For US$113.8 Million 27
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$38.4 Million 28
Penn West Completes Sale Of 9.5% Working Interest In Weyburn Oilfield In Saskatchewan For US$153 Million 29
Penn West Completes Sale Of Greater Mitsue Properties In Alberta For US$145.3 Million 30
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In South Central Alberta For US$316.2 Million 31
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Central And Southwestern Alberta For US$159.7 Million 32
Penn West Petroleum Completes Sale Of Non Core Oil And Gas Assets In Canada For US$465.5 Million 33
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Canada For US$1.37 Billion 34
Penn West Exploration To Sell Non-operated Oil And Gas Assets In Western Canada 35
Acquisition 36
Obsidian Energy To Sell Royalty Interest In Oil And Gas Assets In Alberta For US$31.2 Million 36
Freehold Royalties Completes Acquisition Of Two Royalty Packages In Alberta, Saskatchewan And Manitoba From Penn West Petroleum For US$252.3 Million 37
Franco-Nevada Completes Acquisition Of 11.7% Royalty Interest In Weyburn Oil Unit In Saskatchewan From Penn West Petroleum For US$401.6 Million 38
Penn West Petroleum Completes Acquisition Of Spartan Exploration For US$229.6 Million 39
Obsidian Energy Ltd – Key Competitors 41
Obsidian Energy Ltd – Key Employees 42
Obsidian Energy Ltd – Locations And Subsidiaries 43
Head Office 43
Other Locations & Subsidiaries 43
Recent Developments 44
Financial Announcements 44
Nov 10, 2017: Obsidian Energy Announces Strong Third Quarter Results And 2018 Budget 44
Aug 09, 2017: Obsidian Energy Announces Second Quarter 2017 Financial And Operational Results 48
May 04, 2017: Penn West Announces Strong First Quarter 2017 Financial And Operational Results 51
Mar 15, 2017: Penn West Announces Its Financial And Operational Results For Year Ended December 31, 2016 And 2016 Reserves Results 53
Nov 02, 2016: Penn West Announces Its Financial And Operational Results For The Third Quarter Ended September 30, 2016 57
Aug 04, 2016: Penn West Announces Its Financial And Operational Results For The Second Quarter Ended June 30, 2016 60
May 16, 2016: Penn West Announces Its Financial And Operational Results For The First Quarter Ended March 31, 2016 64
Mar 10, 2016: Penn West Announces Its Financial And Operational Results For The Year Ended December 31, 2015 And 2015 Reserves Results 67
Other Significant Developments 71
Nov 01, 2017: Obsidian Energy Regains Compliance With New York Stock Exchange’s Continued Listing Standard Regarding Price Of Its Common Stock 71
Sep 15, 2017: Obsidian Energy Receives Continued Listing Standard Notification From New York Stock Exchange Regarding Price Of Its Common Stock 72
Jun 28, 2017: Penn West Named In Lawsuit Due To Previously Disclosed Accounting Practices 73
Jun 26, 2017: Penn West Changes Name To Obsidian Energy And Announces Voting Results From The 2017 Annual And Special Meeting Of Shareholders 74
May 26, 2017: Penn West Proposes Name Change To Obsidian Energy 75
May 18, 2017: Penn West Closes New Reserve-Based Credit Facility 76
Jan 05, 2017: Penn West Announces 2017 Capital Budget And Senior Management Changes 77
Oct 04, 2016: Penn West Announces New Chief Executive Officer, David French, To Succeed Dave Roberts 79
Feb 16, 2016: Penn West Enters Into Agreements To Settle All Class Action Proceedings In Canada And The United States 80
Jan 28, 2016: Penn West Announces Operational Update, 2016 Capital Budget And Provides Full Year Guidance 81
Appendix 83
Methodology 83
About GlobalData 83
Contact Us 83
Disclaimer 83
Obsidian Energy Ltd, Oil & Gas, Key Facts, 2016 2
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 2
Obsidian Energy Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Obsidian Energy Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Obsidian Energy Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Obsidian Energy Ltd, Deals By Sector, 2011 to YTD 2017 9
Obsidian Energy Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Penn West Acquires Undeveloped Acreage In Alberta For US$8 Million 12
Penn West Petroleum Completes Acquisition Of Remaining 50% Interest In Oil And Assets In British Columbia From Mitsubishi 13
Penn West Petroleum Completes Acquisition Of 50% Interest In Oil And Gas Property In Alberta From Great Pacific International 14
Penn West Completes Private Placement Of Senior Unsecured Notes For US$135 Million 16
Penn West Petroleum Completes Public Offering Of 4.73% Series DD Senior Notes, Due 2018 For US$0.2 Million 17
Penn West Petroleum Completes Public Offering Of 5.29% Series EE Senior Notes, Due 2021 For US$12 Million 18
Penn West Petroleum Completes Public Offering Of 5.38% Series X Senior Notes, Due 2020 For US$13 Million 19
Penn West Petroleum Completes Public Offering Of 5.73% Series Z Senior Notes, Due 2025 For US$2 Million 20
Penn West Petroleum Sells Oil And Gas Assets In British Columbia And Alberta For US$49.5 Million 21
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Canada For US$57.5 Million 22
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$23.4 Million 23
Teine Energy Completes Acquisition Of Oil Assets In Saskatchewan From Penn West Petroleum For US$767.1 Million 24
Penn West Petroleum To Sell Oil And Gas Assets In Alberta For US$110.2 Million 26
Penn West Petroleum Completes Sale Of Slave Point Area Oil And Gas Properties In Alberta For US$113.8 Million 27
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In Alberta For US$38.4 Million 28
Penn West Completes Sale Of 9.5% Working Interest In Weyburn Oilfield In Saskatchewan For US$153 Million 29
Penn West Completes Sale Of Greater Mitsue Properties In Alberta For US$145.3 Million 30
Penn West Petroleum Completes Sale Of Non-Core Oil And Gas Assets In South Central Alberta For US$316.2 Million 31
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Central And Southwestern Alberta For US$159.7 Million 32
Penn West Petroleum Completes Sale Of Non Core Oil And Gas Assets In Canada For US$465.5 Million 33
Penn West Petroleum Completes Sale Of Oil And Gas Assets In Canada For US$1.37 Billion 34
Penn West Exploration To Sell Non-operated Oil And Gas Assets In Western Canada 35
Obsidian Energy To Sell Royalty Interest In Oil And Gas Assets In Alberta For US$31.2 Million 36
Freehold Royalties Completes Acquisition Of Two Royalty Packages In Alberta, Saskatchewan And Manitoba From Penn West Petroleum For US$252.3 Million 37
Franco-Nevada Completes Acquisition Of 11.7% Royalty Interest In Weyburn Oil Unit In Saskatchewan From Penn West Petroleum For US$401.6 Million 38
Penn West Petroleum Completes Acquisition Of Spartan Exploration For US$229.6 Million 39
Obsidian Energy Ltd, Key Competitors 41
Obsidian Energy Ltd, Key Employees 42
Obsidian Energy Ltd, Subsidiaries 43