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Obsidian Energy raises 2026 production outlook to 29,000-31,000 boe/d

PUBT·07/02/2026 11:02:06
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Obsidian Energy raises 2026 production outlook to 29,000-31,000 boe/d
  • Obsidian Energy raised 2026 average production guidance to 29,000-31,000 boe/d (midpoint 30,000) following its Belly River acquisition closing June 30.
  • The acquired Wilson Creek assets add about 2,500 boe/d (76% liquids, based on May production) from close through year-end; 35 net sections added.
  • 2026 capital program kept at CAD 300-325 million; funds flow from operations forecast at about CAD 310 million, or CAD 4.64 per share.
  • Commodity assumptions updated to WTI USD 75/bbl, CAD/USD 1.4; trailing 12-month net debt-to-FFO at June 30, 2027 projected at 0.8x.
  • 2027 outlook targets about 22% total production growth, including acquired volumes; early-2027 six-well plan seen lifting acquired output to about 3,000 boe/d.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Obsidian Energy Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607020700NEWSFILECNPR____20260702_303588_1) on July 02, 2026, and is solely responsible for the information contained therein.