Obsidian Energy Ltd. announced a leadership transition with the departure of Aaron Smith, Senior Vice President Development and Operations, effective January 31, 2022. Mr. Smith has served the Company for approximately 3.5 years in various leadership roles, contributing significantly to the success of the Company. In connection with the change, Cliff Swadling, currently the Senior Director of Productions and Operations, will move into the role of VP, Operations effective immediately.

Mr. Swadling joined the Company in January 2017 and has held various roles during his tenure.