Calgary, Alberta — September 2, 2025 — Leads & Copy — Obsidian Energy Ltd. (TSX: OBE) (NYSE American: OBE) has completed the redemption of $30 million aggregate principal of its 11.95 percent Senior Unsecured Notes due July 27, 2027, on August 29, 2025. The redemption was conducted on a pro rata basis, as outlined in the notice issued August 18, 2025.
Payment of the redemption price and surrender of the Notes are being facilitated through Computershare Trust Company of Canada. Following this transaction, Obsidian Energy has $80.8 million of Notes outstanding. The maximum amount of any semi-annual free cash flow offer required under the trust indenture will be $17.0 million.
Obsidian Energy is an intermediate-sized oil and gas producer with assets primarily in the Peace River, Willesden Green, and Viking areas in Alberta. The company explores for, develops, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. Obsidian Energy shares are listed on the Toronto Stock Exchange and the NYSE American exchange under the symbol “OBE”. All figures are in Canadian dollars unless otherwise stated.
Investor Relations can be contacted via toll-free at 1-888-770-2633 or by email at investor.relations@obsidianenergy.com.
Source: Obsidian Energy
