Tuesday, 02 January 2024 12:17 GMT

Obsidian Energy Ltd.


(MENAFN- Baystreet) 09:56 AM EST - Obsidian Energy Ltd. : Announced today that a third party has made a non-binding offer to Obsidian Energy to acquire the Company's entire common share position in InPlay Oil Corp., consisting of 9,139,784 InPlay common shares and representing approximately 32.7% of the issued and outstanding InPlay Shares, at a price per InPlay Share in excess of the closing price for such shares on the Toronto Stock Exchange as of July 15. Obsidian Energy Ltd. shares T are trading down $0.04 at $7.35.

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