08:29 AM EDT, 09/02/2025 (MT Newswires) -- Obsidian Energy ( OBE ) said Tuesday that it has redeemed C$30 million ($21.8 million) worth of its 11.95% senior unsecured notes due July 27, 2027.

The company said payment of the redemption price and surrender of the Notes for redemption are being made through Computershare Trust Company of Canada.

Obsidian said it now has $80.8 million worth of outstanding notes.