Peace River assets drive corporate production growth to 50,000 boe/d in 2026, while maintaining 25 percent flat annual corporate decline rate
Peace River area production growth to 24,000 boe/d in 2026 from current rate of 6,600 boe/d, resulting in a nine percent increase in our total liquids weighting to 76 percent
Plan generates $291 million of free cash flow from 2024 to 2026 at US$75.00/bbl WTI
2023 capital budget increased to $300 million with recent increase in oil prices
http://www.obsidianenergy.com/press-releases/obsidian-energy-announces-three-year-growth-plan-to-reach-50000-boe-d-in-2026