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Obsidian Energy Ltd.

09:45 AM EST - Obsidian Energy Ltd. : Received notification from the New York Stock Exchange that it has regained compliance with the NYSE's continued listing standard regarding the price of Obsidian Energy's common shares. The Company had received notification regarding the price deficiency on September 18, 2018. In an effort to regain compliance, the Company filed articles of amendment on June 5, 2019 to consolidate the common shares of the Company on the basis of a consolidation ratio of seven old common shares to one new common share. At the Annual and Special meeting the Common Share Consolidation was approved by shareholders and commenced trading on a post consolidation basis on June 10, 2019. Obsidian Energy Ltd. shares T.OBE are trading unchanged at $1.31.