OBSIDIAN ENERGY LTD.
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2023 · Filed Feb 22, 2024
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Contents
EX-99.2 · Performance Indicators
Performance Indicators
Obsidian Energy monitors performance based on the following three key focus areas using several qualitative and quantitative factors:
Values – Execution of our field, health, safety, environmental and regulatory programs and our focus on operational excellence;
Delivery – Key performance metrics include obtaining a leading cost structure within the industry and a focus on free cash flow generation; and
Sustainability – Management of the Company’s asset portfolio, financial stewardship and the goal of sustaining production and reserves and long-term competitive return on investment for our shareholders.
| OBSIDIAN ENERGY 2023 | MANAGEMENT’S DISCUSSION AND ANALYSIS 5 |
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