Thursday, January 25, 2024
11:06 AM EST – Obsidian Energy Ltd. : Announced our 2024 capital and operating program and financial guidance which outlines our activity for the first year of our three-year corporate growth plan, building on our success in 2023. Capital program with 78 operated wells expected to generate 12 percent annual production growth over 2023; ~$350 million capital program is ~$30 million lower from previous forecast at midpoint; Development plan weighted towards Peace River, expanding on our Bluesky and Clearwater success from 2023. Obsidian Energy Ltd. (T.OBE) shares were up $0.10 at 9.03.
Stocks in Play: Obsidian Energy Ltd. , Thu, 25 Jan 2024 11:12:06 EST