09:47 AM EST - Obsidian Energy Ltd. : Provided an update on its Cardium development program and hedging portfolio. The 13-well Willesden Green Cardium development program planned for the second half of the year is progressing as planned, with six wells rig released. Four of those wells have been completed and are expected to be on stream by mid-October. The Company has seven additional wells planned in the fourth quarter of 2019. All locations are expected to be onstream before the end of the year. The Company is on target to deliver its $120 million capital program, with $75 million of the total spending planned for the second half of the year. Obsidian Energy Ltd.
shares T.OBE are trading unchanged at $1.14.
