Obsidian Energy raises syndicated credit facility to Cdn$250 million in lender amendment
OBE•Syndicated credit facility increased to Cdn$250 million
Obsidian Energy amended its April 28, 2026 credit agreement with Royal Bank of Canada, Bank of Montreal, ICBC Standard Bank.
- Maximum aggregate syndicated facility increased to CAD 250 million from CAD 210 million, effective June 23, 2026.
- Borrowing base unchanged at CAD 300 million.
- Total commitments under the facilities set at CAD 275 million, including a CAD 25 million operating facility.
- Amendment includes lender fee tied to each lender’s increased syndicated commitment; rate redacted.
