CONTACT OBSIDIAN ENERGY Suite 200, 207 - 9th Avenue SW, Calgary, Alberta T2P 1K3 Phone: 403-777-2500 Toll Free: 1-866-693-2707 Website: www.obsidianenergy.com Investor Relations: Toll Free: 1-888 ...

Obsidian has offered two of its shares for each share of Bonterra. Bonterra says investment firm Peters & Co. Ltd. has delivered a written opinion to the board that the offer is inadequate from a ...

CALGARY - Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.

Calgary-based Obsidian Energy and Woodland Cree First Nation have reached an agreement in principle over the company's expansion plans, bringing an end to a prolonged protest.