12:22 PM EST - Obsidian Energy Ltd. : Has a reserve-based syndicated credit facility which is subject to a semi-annual borrowing base re-determination typically in May and November of each year. During the third quarter of 2019, the Company reached an agreement with its lenders whereby the underlying borrowing base of the syndicated credit facility and the amount available to be drawn under the syndicated credit facility remain at $550 million and $460 million, respectively. Under the agreement, an additional borrowing base redetermination is scheduled on February 28, 2020 when the revolving period ends, with the expiration of the term-out date of November 30, 2020. Obsidian Energy Ltd.
shares T.OBE are trading up $0.03 at $0.66.
