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Obsidian Energy Ltd.

11:09 AM EST - Obsidian Energy Ltd. : Announced an update to its 2020 capital spending plan due to the re-initiation of our Cardium development program. Obsidian Energy will increase its 2020 capital program by $3.2 million to commence drilling activity on the first pad within our Central Alberta Willesden Green asset. Obsidian Energy Ltd. shares T.OBE are trading down $0.02 at $0.54.