03:30 PM EST - Obsidian Energy Ltd. : Provided an operational update on our second-half 2023 development program with all drilling activity completed on schedule. The expects its full year 2023 average production to be approximately 32,500 boe/d based on preliminary estimates (at the top end of our 32,000 boe/d to 32,500 boe/d guidance range), which is a 6% increase over 2022. Including the impact of our share buyback program in 2023, this translates into 12% growth on a production per share basis based on shares outstanding at December 31, 2022, and 2023. Obsidian Energy Ltd.
shares T.OBE are trading down $0.01 at $8.95.
