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Obsidian Energy (OBE) seeking strategic alternatives

  • September 11, 2019

POTENTIAL DEAL DETAILS

StockObsidian Energy Ltd.SymbolOBE
Date Announced09/10/2019Source Press Release
TypeCompany Seeking Strategic Alternatives

OBSIDIAN ENERGY LTD. (OBE)  announces that the Board of Directors has determined that it is in the best interest of the Company and its stakeholders to initiate a formal process to explore strategic alternatives.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.