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News 2026-07-02 19:06 UTC

Obsidian Energy Closes Acquisition of Belly River Light Oil Assets for $98 Million

() -- Obsidian Energy (OBE) said Thursday it closed the acquisition of Belly River light oil assets in the Wilson Creek area of Willesden Green for $98 million, adding 2,500 barrels of oil equivalent per day (boe/d) of light oil production and 35 sections of land. The company said it has planned a six-well development