Obsidian Energy

Westport Fuel Systems Appoints New Director

Retrieved on: 
Tuesday, January 25, 2022

VANCOUVER, British Columbia , Jan. 25, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems or the Company) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Philip Hodge to the companys Board of Directors, effective January 25, 2022.

Key Points: 
  • VANCOUVER, British Columbia , Jan. 25, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems or the Company) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Philip Hodge to the companys Board of Directors, effective January 25, 2022.
  • We are pleased to welcome Mr. Hodge to the Board of Directors at Westport Fuel Systems, said Daniel Hancock, Chair of the Board.
  • Westport Fuel Systems is driving innovation to power a cleaner tomorrow.
  • Westport Fuel Systems technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges.

Odyssey Trust Company Announces Corporate Re-Brand, New Additions to Management Team and Board of Directors

Retrieved on: 
Tuesday, November 2, 2021

CALGARY, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Odyssey Trust Company (Odyssey or the Company) is pleased to announce it has completed its corporate re-brand and expanded both its management team and Board of Directors.

Key Points: 
  • CALGARY, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Odyssey Trust Company (Odyssey or the Company) is pleased to announce it has completed its corporate re-brand and expanded both its management team and Board of Directors.
  • The expansion of Odysseys management team and Board of Directors reflects the growth and strategic initiatives of the Company.
  • The new additions to Odysseys management team include Maria Nardi, Chief Operations Officer, Shawn Stordy, Chief Financial Officer and Frank Kailik, VP Client Services.
  • Prior to joining Odyssey, Maria spent 6 years with CST Canada and 13 years with CIBC Mellon Trust Company.

Obsidian Energy Announces Voting Results from the 2021 Annual and Special Meeting of Shareholders

Retrieved on: 
Wednesday, June 16, 2021

New corporate presentation and management webcast available for replay on website

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2021, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2021 Annual and Special Meeting and Management Proxy Circular dated April 30, 2021 (the "Information Circular"), which is available on SEDAR at www.sedar.com , on EDGAR at www.sec.gov , and on Obsidian Energy's website at www.obsidianenergy.com .
  • By resolution passed by show of hands, Ernst & Young LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year.
  • By resolutions passed by ballot vote, the following six nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

Obsidian Energy Announces Change to Board of Directors

Retrieved on: 
Tuesday, June 15, 2021

Calgary, Alberta--(Newsfile Corp. - June 14, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the resignation of Maureen Cormier Jackson and William (Bill) Friley from the Board of Directors (the "Board") effective immediately.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - June 14, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the resignation of Maureen Cormier Jackson and William (Bill) Friley from the Board of Directors (the "Board") effective immediately.
  • Mr. Friley joined the Board in 2015 and Ms. Cormier Jackson joined in 2016.
  • The Board has determined to reduce the number of directors to be elected at the Meeting from eight to six.
  • The six remaining directors identified in the Company's management information circular and proxy statement dated April 30, 2021 will stand for election at the Meeting.

Obsidian Energy Announces Release Date of First Quarter 2021 Results

Retrieved on: 
Tuesday, April 27, 2021

b'Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2021 financial and operational results before North American markets open on Friday, May 7, 2021.

Key Points: 
  • b'Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2021 financial and operational results before North American markets open on Friday, May 7, 2021.
  • In particular, this document contains forward-looking statements pertaining to, without limitation, the following: our expected release date for our first quarter financial and operational results and other associated documents.\nWith respect to forward-looking statements contained in this document, we have made assumptions regarding, among other things, our quarter release date.
  • The forward-looking statements contained in this document speak only as of the date of this document.
  • The forward-looking statements contained in this document are expressly qualified by this cautionary statement.\nSuite 200, 207 - 9th Avenue SW, Calgary, Alberta T2P 1K3\n'

Obsidian Energy Announces Expiry of Bonterra Offer

Retrieved on: 
Tuesday, March 30, 2021

Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX: BNE) ("Bonterra") to expire at 5:00 p.m. (Mountain Daylight time) on March 29, 2021.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - March 29, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have allowed our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX: BNE) ("Bonterra") to expire at 5:00 p.m. (Mountain Daylight time) on March 29, 2021.
  • The economic environment has changed substantially since we launched the Offer with significant improvement in commodity prices, making this combination less impactful to our shareholders' value.
  • Obsidian Energy's recent operational and financial performance highlights our track record as one of the most efficient companies among industry peers.
  • As a result of the expiration of the Offer prior to the satisfaction of its conditions, no Bonterra Shares will be acquired and all Bonterra Shares that were tendered to the Offer will be promptly returned to the depositing Bonterra shareholders.

Obsidian Energy Announces the Extension to Syndicated Credit Facility and Senior Notes

Retrieved on: 
Friday, March 26, 2021

Maturity dates of both credit facility and senior notes extended to November 2022

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - March 26, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has executed amending agreements to extend both our syndicated credit facility and senior notes maturity date to November 30, 2022.
  • "We are very pleased with the successful completion of our extension," said Stephen Loukas, Obsidian Energy's Interim President and CEO.
  • "With the credit facility and senior notes now in place until November 2022, and encouraging current commodity prices, we are in a strong financial position to build on our drilling success in the Cardium.
  • The aggregate amount drawn or available to be drawn under the syndicated credit facility is $440 million.

Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.

Retrieved on: 
Monday, January 25, 2021

Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:

Key Points: 
  • Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:
    Since the Offer commenced, the respective share prices of Obsidian Energy and Bonterra have moved towards or exceeded the exchange ratio represented by our Offer of two Obsidian Energy common shares for each Bonterra Share tendered.
  • On numerous occasions this trading represented over 20% of the overall daily trading volume of Bonterra Shares on the TSX.
  • The Bonterra Board appears to have done nothing to restrain Mr. Fink's trading and has not clarified its impact to Bonterra shareholders.
  • Bonterra shareholders can also view the Offer specific webpage on Obsidian Energy's website , where they can review the Offer presentation , letter to Bonterra shareholders and other key information related to the Offer.

Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.

Retrieved on: 
Monday, January 25, 2021

Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:

Key Points: 
  • Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:
    Since the Offer commenced, the respective share prices of Obsidian Energy and Bonterra have moved towards or exceeded the exchange ratio represented by our Offer of two Obsidian Energy common shares for each Bonterra Share tendered.
  • On numerous occasions this trading represented over 20% of the overall daily trading volume of Bonterra Shares on the TSX.
  • The Bonterra Board appears to have done nothing to restrain Mr. Fink's trading and has not clarified its impact to Bonterra shareholders.
  • Bonterra shareholders can also view the Offer specific webpage on Obsidian Energy's website , where they can review the Offer presentation , letter to Bonterra shareholders and other key information related to the Offer.

Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer

Retrieved on: 
Thursday, January 14, 2021

CALGARY, AB, Jan. 14, 2021 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.

Key Points: 
  • CALGARY, AB, Jan. 14, 2021 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.
  • Obsidian Energy urges Bonterra shareholders to be part of a stronger company with a far superior future by accepting the Company's offer (the "Offer") to purchase all of the outstanding Bonterra common shares ("Bonterra Shares") in consideration for two Obsidian Energy common shares for each Bonterra Share tendered to the Offer.
  • Bonterra shareholders are strongly encouraged to read the Offer Documents carefully and in their entirety, since they contain additional important information regarding Obsidian Energy and the terms and conditions of the Offer as well as detailed instructions on how Bonterra shareholders can tender their Bonterra Shares to the Offer.
  • Bonterra shareholders can also view the Offer specific webpage on Obsidian Energy's website , where they can review the Offer presentation , letter to Bonterra shareholders and other key information related to the Offer.