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Obsidian Energy Ltd
207 9 Ave SW Suite 200
Phone: (403) 777-2500p:403 777-2500 CALGARY, AB  T2P 1K3  Canada Ticker: OBEOBE
Business Summary
Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company’s principal business consists of the exploration, development and production of petroleum resources. The Company is mainly focused on the Peace River asset. The Peace River is a stable, cold-flow heavy oil Bluesky resource with Clearwater upside within the Peace River Oilsands region. It has full ownership in a large, contiguous 680 section area of land at Peace River. It has a production base of approximately 30,000 boe/d with the Peace River and is its largest asset as it grows its Clearwater and Bluesky production and establishes new fields in the area. Its other assets include Willesden Green and Viking light oil assets. It also has non-operated holdings in the Pembina Cardium Unit #11.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes--Yes

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2024YesYes---

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Gordon M.Ritchie 70 2/20/2019 12/1/2017
President, Chief Executive Officer, Director Stephen E.Loukas 45 2/23/2023 5/11/2018
Chief Financial Officer, Senior Vice President Peter D.Scott 12/2/2019 12/2/2019
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Canetic Resources Trust 1900, 255 - 5th Avenue SW Calgary AB Canada
Endev Energy Inc. 400, 777 - 8th Avenue S.W. Calgary AB Canada
Petrofund Energy Trust (USA) Barclay Centre Calgary AB Canada
Vault Energy Trust Suite 200, Penn West Plaza 207 - 9th Avenue SW Calgary AB Canada
C1 Energy Ltd. Suite 500 Calgary AB Canada

Business Names
Business Name
1647456 Alberta Ltd.
C1 Energy
Canetic Resources Trust
17 additional Business Names available in full report.

General Information
Number of Employees: 203 (As of 12/31/2024)
Outstanding Shares: 73,223,635 (As of 3/21/2025)
Shareholders: 121
Stock Exchange: TSE
Fax Number: (403) 777-2526


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Friday, April 18, 2025