Obsidian Energy Announces Strategic Belly River Acquisition
Calgary, Alberta--(Newsfile Corp. - June 2, 2026) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today the acquisition of high-return Belly River light oil assets in the Wilson Creek area of Willesden Green (the "Acquisition"), consolidating the Company's position as the largest Belly River producer and deepening our core light oil development platform. The transaction is immediately accretive to funds flow from operations and strengthens the Company's multi-year Willesden Green growth program.Highlights:Acquires approximately 2,500 boe/d of high-quality Belly River light oil production (76% oil) and 35 net sections of land in th
