Obsidian Energy Announces First Quarter 2026 Results

Average production of 28,733 boe/d in the first quarter, generated $61.0 million of funds flow from operations Active development program in Peace River and Willesden Green while advancing strategic heavy oil waterflood initiatives Renewed normal course issuer bid and repurchased and cancelled ~1.5 million shares Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report our operating and financial results for the first quarter of 2026.