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Obsidian Energy Ltd.

09:55 AM EST - Obsidian Energy Ltd. : Provided an update on its continued strong second half development program with two drilling rigs active in its Cardium asset and announce it has also extended Stephen Loukas' contract as Interim President and CEO to December 31, 2021. Obsidian Energy Ltd. shares T.OBE are trading up $0.26 at $3.76.