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The agreement, effective through 2025, follows the field’s shutdown in May 2024 due to a conflict with the WCFN. In terms of forward non-GAAP P/E, OBE’s 4.76x is 59.7% lower than the 11.83x industry ...
The field was producing at an approximate rate of 4,500 net barrels of oil equivalent per day before being shut down on May 12 due to the conflict with the WCFN, the Calgary-based company said in ...
Obsidian (OBE) said the agreement with the WCFN will last through year-end 2025, but said it plans to keep the other terms confidential. The company said it has begun the restart of production ...
As previously disclosed, the field was producing at an approximate rate of 4,500 net boe per day prior to being shut down on May 12, 2024, due to the conflict with the WCFN. “We look forward to a ...
Police presence has increased in the Harmon Valley area as a dispute between the Woodland Cree First Nation (WCFN) and Obsidian Energy continues. Obisidian has asked a judge to have Chief Isaac ...
The blockades established by the Woodland Cree First Nation (WCFN) disrupting Obsidian Energy Ltd.’s operations at the Walrus field in the Peace River area constitute a breach of a court order ...
On May 14, Obsidian filed materials with the court asking it to incarcerate the Chief and Council of WCFN for purportedly violating an injunction. Obsidian made this extraordinary move even as WCFN ...
The Company provided this disclosure in response to misleading statements made by the WCFN's senior leadership, the establishment of WCFN blockades at two of our sites, and the breach of a court ...
Today disclosed details regarding a commercial dispute with the Woodland Cree First Nation (the "WCFN"). The Company provided this disclosure in response to misleading statements made by the WCFN's ...