Obsidian Energy Raises FY2026 Production Guidance To 29K-31K Boepd After Closing Belly River Acquisition
In conjunction with closing the Acquisition, we are updating our 2026 guidance to reflect the contribution of the acquired assets. Highlights: Closed the Acquisition on June 30, 2026, adding approximately 2,500 boe/d of high-quality Belly River light oil production (76% liquids, based on May production) and 35 net sections of land in the Wilson Creek area of Willesden Green Updated 2026 production guidance to 29,000-31,000 boe/d, representing a midpoint of 30,000 boe/d Currently targeting approximately 22% total production growth in 2027, including acquired volumes, and approximately 28% growth in light oil production versus 2026 Planned six-well development program on the acquired lands in early 2027 is expected to increase production from the acquired assets to ~3,000 boe/d
In conjunction with closing the Acquisition, we are updating our 2026 guidance to reflect the contribution of the acquired assets.
Highlights: Closed the Acquisition on June 30, 2026, adding approximately 2,500 boe/d of high-quality Belly River light oil production (76% liquids, based on May production) and 35 net sections of land in the Wilson Creek area of Willesden Green Updated 2026 production guidance to 29,000-31,000 boe/d, representing a midpoint of 30,000 boe/d Currently targeting approximately 22% total production growth in 2027, including acquired volumes, and approximately 28% growth in light oil production versus 2026 Planned six-well development program on the acquired lands in early 2027 is expected to increase production from the acquired assets to ~3,000 boe/d