Infrastructure DevelopmentThe first Clearwater waterflood project is progressing, with infrastructure investments in Open Creek and Nampa, showing promising developments.
Portfolio StrategyObsidian has strategically refined its portfolio, focusing more on the high-performing Bluesky and Clearwater formations, positioning it for future recognition.
Production GrowthThe company announced its guidance projecting production in the range of 27.1-28.3 mboe/d, indicating an optimistic outlook for future production levels.