10:14 AM EST - Obsidian Energy Ltd. : Announced the results of its independent reserves evaluation for the year ended December 31, 2024. Reserve replacement of 146%, 229% and 296% of 2024 production on a proved developed producing reserves, proved ("1P") reserves, and proved plus probable("2P") reserves basis, respectively. 1P reserve value increased 23% on a per share basis to $2.3 billion (before-tax, discounted at 10%). Added 107 new locations to our 2P Peace River reserves, totaling 160 net locations for the area. Obsidian Energy Ltd.
shares T.OBE are trading up $0.26 at $7.53.
