Obsidian Energy Ltd.

Obsidian Energy Ltd. (TSX: OBE) (NYSE: OBE) is an intermediate-sized oil and gas producer with a well-balanced portfolio of high-quality assets producing roughly 30,000 boe per day. These assets, and the organization we have crafted around them, provide the right platform to deliver bottom-line results, and an entrepreneurial spirit that will allow us to succeed in this evolving industry. Obsidian Energy is a company based on discipline, relentless passion for the work we do, and resolute accountability to our shareholders, our partners and the communities in which we operate. Formerly Penn West Petroleum Ltd. On June 26th, 2017, the company formally changed its name to Obsidian Energy Ltd. from Penn West Petroleum Ltd. As Penn West, we underwent significant changes throughout the organization, changes that have affected every aspect of our business and have led us to redefine the Company and where and how it grows from here. We’ve reemerged stronger, leaner and more capable than ever, as we head down this new exciting path as Obsidian Energy.