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Obsidian Energy Announces Date of First Quarter 2024 Results and AGM Webcast

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Obsidian Energy announces the date of the first quarter 2024 results and AGM webcast. The company will release its financial and operational results before North American markets open on May 2, 2024. Management's discussion and analysis, as well as the unaudited consolidated financial statements, will be available on the company's website and regulatory profiles.
Obsidian Energy annuncia la data dei risultati del primo trimestre 2024 e del webcast dell'AGM. La società pubblicherà i suoi risultati finanziari e operativi prima dell'apertura dei mercati nordamericani il 2 maggio 2024. La discussione e l'analisi della gestione, così come i bilanci finanziari consolidati non revisionati, saranno disponibili sul sito web della società e sui profili normativi.
Obsidian Energy anuncia la fecha de los resultados del primer trimestre de 2024 y la transmisión en línea de la AGM. La empresa publicará sus resultados financieros y operativos antes de la apertura de los mercados norteamericanos el 2 de mayo de 2024. La discusión y análisis de la gerencia, así como los estados financieros consolidados no auditados, estarán disponibles en el sitio web de la compañía y en los perfiles regulatorios.
오브시디언 에너지는 2024년 첫 분기 결과 및 AGM 웹캐스트 날짜를 발표합니다. 회사는 2024년 5월 2일 북미 시장 개장 전에 재무 및 운영 결과를 발표할 예정입니다. 경영진의 토론 및 분석과 미감사 k결합 재무제표는 회사 웹사이트와 규제 프로필에서 확인할 수 있습니다.
Obsidian Energy annonce la date des résultats du premier trimestre 2024 et du webcast de l'AGA. La société publiera ses résultats financiers et opérationnels avant l'ouverture des marchés nord-américains le 2 mai 2024. La discussion et l'analyse de la direction, ainsi que les états financiers consolidés non audités, seront disponibles sur le site Web de l'entreprise et les profils réglementaires.
Obsidian Energy kündigt das Datum für die Ergebnisse des ersten Quartals 2024 und das Webcast der AGM an. Das Unternehmen wird seine finanziellen und betrieblichen Ergebnisse vor der Eröffnung der nordamerikanischen Märkte am 2. Mai 2024 veröffentlichen. Die Diskussion und Analyse des Managements sowie die ungeprüften konsolidierten Finanzberichte werden auf der Website des Unternehmens und in den regulatorischen Profilen verfügbar sein.
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Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, May 2, 2024. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, and under our SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov on or about the same date.

ANNUAL AND SPECIAL MEETING

The Company's Annual and Special Meeting (the "Meeting") is scheduled for Thursday, May 2, 2024, at 9:00 am (MT) at the offices of Obsidian Energy, Suite 200, 207 - 9 Avenue SW, Calgary, Alberta. Access to the Meeting will, subject to Company's by-laws, be limited to essential personnel, registered shareholders and proxyholders entitled to attend and vote at the Meeting as well as invited guests. Additional information about the Meeting can be found on our website.

In association with the Meeting, our President and CEO, Stephen Loukas and other members of management will host a webcast presentation after the formal portion of the meeting at 10:00 am MT (12:00 pm ET) (the "Presentation").

The Presentation will be broadcast live on the Internet and may be accessed either through our website or directly at the webcast portal. Those who wish to listen to the Presentation should connect at least five minutes prior to the scheduled start time through the following numbers:

Canada / USA: 1-800-319-4610 (toll-free)
Toronto: 1-416-915-3239
Calgary: 1-403-351-0324

A question-and-answer session will be held following the Presentation. If you wish to submit a question to the Company, participants can do so ahead of time after registering on the webcast portal on the Intranet or by emailing questions to investor.relations@obsidianenergy.com. An updated corporate presentation and the Presentation will be available following the webcast on our website.

ADDITIONAL READER ADVISORIES

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements or information (collectively "forward-looking statements") within the meaning of the safe harbour provisions of applicable securities legislation. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking statements or information. More particularly and without limitation, this news release contains forward-looking statements and information concerning: the expected date for the Release, Presentation and corporate presentation.

The forward-looking statements and information are based on certain key expectations and assumptions made by Obsidian Energy. Although Obsidian Energy believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Obsidian Energy can give no assurance that they will prove to be correct. By its nature, such forward-looking statements and information are subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties include, but are not limited to, fluctuations in commodity prices, changes in industry regulations and political landscape both domestically and abroad, and financial market volatility. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are cautioned that the assumptions used in the preparation of such forward-looking statements and information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on such forward-looking statements and information. Obsidian Energy gives no assurance that any of the events anticipated will transpire or occur, or, if any of them do, what benefits Obsidian Energy will derive from them. The forward-looking statements and information contained in this news release are expressly qualified by this cautionary statement. Except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein. Readers should also carefully consider the matters discussed that could affect Obsidian Energy, or its operations or financial results in Obsidian Energy's Annual Information Form (see "Risk Factors" and "Forward-Looking Statements" therein) for the year ended December 31, 2023, which is available on the SEDAR+ website (www.sedarplus.ca), EDGAR website (www.sec.gov) or Obsidian Energy's website.

Obsidian Energy shares are listed on both the Toronto Stock Exchange in Canada and the NYSE American exchange in the United States under the symbol "OBE".

CONTACT

OBSIDIAN ENERGY
Suite 200, 207 - 9th Avenue SW, Calgary, Alberta T2P 1K3
Phone: 403-777-2500
Toll Free: 1-866-693-2707
Website: www.obsidianenergy.com;

Investor Relations:
Toll Free: 1-888-770-2633
E-mail: investor.relations@obsidianenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206544

FAQ

When will Obsidian Energy release its first quarter 2024 financial and operational results?

Obsidian Energy expects to release its first quarter 2024 financial and operational results before North American markets open on Thursday, May 2, 2024.

Where can I find the first quarter management's discussion and analysis and unaudited consolidated financial statements for Obsidian Energy?

The first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on Obsidian Energy's website at www.obsidianenergy.com, as well as under their SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov.

Obsidian Energy Ltd.

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