Obsidian Energy Ltd.: Presale Report

DBRS Limited (DBRS Morningstar) assigned a provisional Issuer Rating of B (high) to Obsidian Energy Ltd. (Obsidian or the Company). DBRS Morningstar also assigned a provisional instrument rating of B (high) with a Recovery Rating of RR4 to the proposed Senior Unsecured Notes (Senior Notes) to be issued by the Company. All trends are Stable.