Obsidian Energy Announces 2019 Outlook and Hosts Investor Day Presentation

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[{"type":"text","content":"\n\n\n\nObsidian Energy Announces 2019 Outlook and Hosts Investor Day Presentation\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen7{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnpr8{\nPADDING-RIGHT:0.67em\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Nov. 15, 2018\n\n\n\nCALGARY, Nov. 15, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (\"Obsidian Energy\", the \"Company\", \"we\", \"us\" or \"our\") announces its 2019 outlook. Obsidian Energy will be hosting its Investor Day Presentation later this morning to discuss the third quarter results disclosed last week, plans for 2019, the potential of our Cardium asset base and long-term strategy.\nDavid French, President and CEO commented, \"Consistent with our approach to the fourth quarter discussed last week, our 2019 plan is modest and built in reaction to recent moves across the crude oil complex. The goal is to live within our means and drive towards meaningful exit rate growth if prices allow. We will closely monitor the cash generation of our base production and forward development inventory. ...

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