Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

Calgary, Alberta--(Newsfile Corp. - June 1, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update to our 2026 capital program and guidance, reflecting strong operational results and an improved commodity price outlook.