OBSIDIAN ENERGY LTD.
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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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.
FY2024 · Filed Feb 25, 2025
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Contents
EX-99.1 · Properties with no Attributed Reserves
Properties with no Attributed Reserves
The following table sets out the unproved properties in which we had an interest as at December 31, 2024.
| Unproved Properties(thousands of acres) | ||
|---|---|---|
| Gross | Net | |
| Alberta | 319 | 317 |
| Northwest Territories | 1 | - |
| Total | 320 | 317 |
We currently have no material work commitments on these lands. The primary lease or extension term on approximately 15,040 net acres of unproved property is scheduled to expire by December 31, 2025. The right to explore, develop and exploit these leases will be surrendered unless we qualify them for continuation based on production, drilling or technical mapping.
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