The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.
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Hosted on MSNObsidian Energy Stock Gains After-Hours On Asset Sale To InPlay Oil: Retail Stays BearishObsidian Energy (OBE) shares rose 7.3% in aftermarket trade on Wednesday after the company agreed to sell some of its assets ...
CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has entered into ...
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 ...
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. (OTCMKTS:IPOOF – Get Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 494,000 shares, an ...
InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.
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, ...
The Acquired Assets are consistent with InPlay's business model of acquiring high quality, operated, light crude oil reservoirs with large original oil in-place (" OOIP "). The Acquired Assets ...
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