Brief: Obsidian Energy Terminates Agreement To Dispose Of Its Interest In The Peace River Oil Partnership

Obsidian Energy

28/08/2019 11:33

Aug 28 (Reuters) - Obsidian Energy Ltd  OBE.TO :
    * OBSIDIAN ENERGY ANNOUNCES TERMINATION OF AGREEMENT TO
DISPOSE OF
ITS INTEREST IN THE PEACE RIVER OIL PARTNERSHIP
    * OBSIDIAN ENERGY - PURCHASE, SALE AGREEMENT PROVIDING FOR
SALE OF
55% INTEREST IN PEACE RIVER OIL PARTNERSHIP TO A THIRD PARTY HAS
BEEN TERMINATED
    * OBSIDIAN ENERGY -  FOR SALE, CONSENT TO TRANSFER OF
PARTNERSHIP
UNITS, TRANSFER OF OPERATORSHIP OF PARTNERSHIP WAS REQUIRED;
CONSENTS WERE NOT OBTAINED
    * OBSIDIAN ENERGY LTD - INTEND TO PURSUE OTHER VIABLE
ALTERNATIVES
FOR DISPOSITION OF INTEREST IN PARTNERSHIP

Source text for Eikon:  ID:nCNWK6MZBa 
Further company coverage:  OBE.TO 

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