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InPlay, Obsidian Energy and Pembina assets

Obsidian Energy to sell Pembina assets to InPlay Oil for $225m

The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.

Hosted on MSN · 2d

Obsidian Energy Stock Gains After-Hours On Asset Sale To InPlay Oil: Retail Stays Bearish

Obsidian Energy (OBE) shares rose 7.3% in aftermarket trade on Wednesday after the company agreed to sell some of its assets to Calgary-based InPlay Oil Corp for C$320 million ($225 million). The company said it would receive C$220 million in cash,

MarketWatch · 3d

InPlay Oil to Buy Alberta Assets in Deal With Obsidian Energy

InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.

Business Insider · 3d

Obsidian Energy Announces Sale of Operated Pembina Assets for $320 Million in Cash, Equity and Assets

Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field,

Seeking Alpha on MSN · 3d

Obsidian Energy to sell operated Pembina assets in $320M deal

Obsidian Energy (NYSE:OBE) +2.7% post-market Wednesday after saying it agreed to sell its operated Pembina assets, while retaining its non-operated holdings in the Pembina Cardium Unit #11, to InPlay Oil in a ~$320M deal,

Noble Financial Remains a Buy on InPlay Oil Corp. (IPO)

Noble Financial analyst Mark Reichman maintained a Buy rating on InPlay Oil Corp. (IPO – Research Report) today and set a price target of ...

InPlay Oil Corp. Announces Upsize to Previously Announced Equity Offering

InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by ATB Securities ...

InPlay Oil Corp. Announces Transformative Acquisition of Highly Accretive, Low Decline Pembina Cardium Oil Assets

Low Decline, Long-Life Reserves with Deep Drilling Inventory: Acquired Assets have a 22% PDP decline rate 9 , a PDP reserve life index 5 of 8.7 years and a Proved reserve life index 5 of 13.8 years, ...

ETF Daily News3d

Erin Energy (OTCMKTS:ERINQ) versus InPlay Oil (OTCMKTS:IPOOF) Head to Head Review

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas ...

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