Obsidian Energy

• Regulator defends finding that Alberta’s largest earthquake was caused by oilpatch

  The release of the timeline comes three days after Obsidian Energy openly challenged the regulator's attribution of a 5.6 magnitude quake to the company's deep disposal well.

  Canada

  Mar 30, 2023
  
• Alberta Energy Regulator cites oil company for causing seismic events in Peace River area

  The largest recorded earthquake in Alberta's history was not a natural event, but most likely caused by disposal of oilsands wastewater, new research has concluded.

  Science

  Mar 23, 2023
  
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• Obsidian Energy allows hostile takeover offer for Bonterra Energy to expire

  The company allowed its offer to buy Bonterra to expire on Monday.

  Canada

  Mar 30, 2021
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• Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition

  Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition.

  Money

  Dec 21, 2020
• Obsidian Energy formalizes share swap bid for rival Bonterra Energy

  Obsidian Energy Ltd. is formalizing its hostile takeover bid for rival Bonterra Energy Corp.

  Money

  Sep 21, 2020
• Obsidian hostile takeover bid for Bonterra shows ‘frustration’: energy analyst

  A hostile takeover offer by Obsidian Energy Ltd. launched by making public a letter to the CEO of Bonterra Energy Corp. demonstrates growing frustration at the slow pace of consolidation in the sector, energy industry analysts say.

  Economy

  Aug 31, 2020
• Alberta oil and gas producer cleanup cost estimates set too low, coalition says

  The Alberta Liabilities Disclosure Project said the province's largest oil and gas companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades.

  Environment

  Jul 18, 2019
• Produced water spill prompts AER to order energy company to suspend activity at affected well

  The Alberta Energy Regulator says it has ordered Calgary-based Obsidian Energy to suspend activity at a well "and associated infrastructure" where 400,000 litres of produced water spilled late last month.

  Environment

  Jun 3, 2019
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• Cleanup underway after 400,000-litre produced water leak at Obsidian Energy well near Drayton Valley

  The Alberta Energy Regulator says cleanup efforts are underway after 400,000 litres of produced water leaked from an Obsidian Energy well near Drayton Valley this week.

  Environment

  May 31, 2019