Asset SaleA good premium was received for the Cardium asset, described as top dollar when considering abandonment liabilities.
Financial PerformanceThe company continued its buyback program, buying back 1.6 million shares and returning $13.2 million to shareholders.
Operational SuccessObsidian's new development drilling at Harmon Valley South achieved IP30 rates ahead of expectation at 450-500 boe/d per well, signifying potential to extend the field and add future development locations.