6-K
OBSIDIAN ENERGY LTD. (OBE)
| UNITED STATES<br><br>SECURITIES AND EXCHANGE COMMISSION<br><br>Washington, D.C. 20549<br><br><br><br>___________________<br><br>Form 6-K<br><br><br><br>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934<br><br><br><br>For the month of May 2025<br><br><br><br>Commission File Number 1-32895<br><br><br><br>___________________<br><br><br><br>Obsidian Energy Ltd.<br><br>(Translation of registrant's name into English)<br><br><br><br>Suite 200, 207 – 9th Avenue SW<br>Calgary, Alberta, Canada T2P 1K3<br><br>(Address of principal executive offices)<br><br>___________________<br><br><br><br><br><br>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)<br><br>Form 20-F ☐ Form 40-F ☑<br><br><br><br>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) ☐<br><br><br><br>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ☐<br><br><br><br>. |
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DOCUMENTS FILED AS PART OF THIS FORM 6-K
See the Exhibit Index hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on May 8, 2025.
| OBSIDIAN ENERGY LTD. | |
|---|---|
| By: | /s/ Stephen E. Loukas |
| Name: | Stephen E. Loukas |
| Title: | President and Chief Executive Officer |
EXHIBIT INDEX
| Exhibit | Description |
|---|---|
| 99.1 | News Release, dated May 7, 2025 |
| 99.2 | Report of Voting Results from Annual General Meeting of Shareholders |
EX-99.1
Exhibit 99.1

Obsidian Energy Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders
- New corporate presentation and management webcast available for replay on website
CALGARY, May 7, 2025 – OBSIDIAN ENERGY LTD. (TSX / NYSE American – OBE) (“Obsidian Energy”, the “Company”, “we”, “us” or “our”) is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2025, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2025 Annual and Special Meeting and Management Proxy Circular dated March 15, 2025 (the “Information Circular”), which is available on SEDAR at www.sedarplus.ca, on EDGAR at www.sec.gov, and on Obsidian Energy’s website at www.obsidianenergy.com.
- Appointment of Auditor
By resolution passed by show of hands, KPMG LLP, Chartered Accountants, was appointed as auditor of the Company for the ensuing year.
- Election of Directors
By resolutions passed by ballot vote, the following seven nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:
| Votes For | Percent | Votes Withheld | Percent | |
|---|---|---|---|---|
| Shani Bosman | 24,807,037 | 84.0% | 4,711,630 | 16.0% |
| John Brydson | 25,745,947 | 87.2% | 3,772,720 | 12.8% |
| Raymond D. Crossley | 27,281,728 | 92.4% | 2,236,939 | 7.6% |
| Michael J. Faust | 25,942,964 | 87.9% | 3,575,703 | 12.1% |
| Edward H. Kernaghan | 25,852,852 | 87.6% | 3,665,815 | 12.4% |
| Stephen Loukas | 27,629,002 | 93.6% | 1,889,665 | 6.4% |
| Gordon Ritchie | 27,826,897 | 94.3% | 1,691,770 | 5.7% |
- Non-Binding Advisory Vote on the Corporation's Approach to Executive Compensation
By resolution passed by ballot vote, an advisory resolution was passed to approve the Company’s approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows:
| Votes For | Percent | Votes Against | Percent |
|---|---|---|---|
| 23,678,703 | 80.2% | 5,839,964 | 19.8% |
NEW CORPORATE PRESENTATION AND WEBCAST
Today, Obsidian Energy’s management team provided a corporate update and question-and-answer session through a live webcast presentation on the Internet (the “Presentation”) for investors, shareholders and stakeholders. The associated updated corporate presentation was posted to our website, and the full webcast Presentation is available for replay either through our website or directly at the webcast portal.
contact
OBSIDIAN ENERGY
Suite 200, 207 - 9th Avenue SW, Calgary, Alberta T2P 1K3
Phone: 403-777-2500
Toll Free: 1-866-693-2707
Website: www.obsidianenergy.com;
Investor Relations:
Toll Free: 1-888-770-2633
E-mail: investor.relations@obsidianenergy.com
EX-99.2
Exhibit 99.2
Annual and Special Meeting of Shareholders of
Obsidian Energy Ltd. (the “Issuer”)
May 7, 2025
REPORT OF VOTING RESULTS
The following matters were voted upon at the Annual and Special Meeting of shareholders ("Shareholders") of the Issuer held on May 7, 2025 in Calgary, Alberta. Each matter voted upon is described in greater detail in the Notice of 2025 and Special Meeting and Management Proxy Circular dated March 15, 2025 (the "Information Circular"), which is available on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and on the Issuer’s website.
- Appointment of Auditor
By resolution passed by show of hands, KPMG LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year.
- Election of Directors
By resolutions passed by ballot vote, the following seven nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:
| Votes For | Percent | Votes Withheld | Percent | |
|---|---|---|---|---|
| Shani Bosman | 24,807,037 | 84.0% | 4,711,630 | 16.0% |
| John Brydson | 25,745,947 | 87.2% | 3,772,720 | 12.8% |
| Raymond D. Crossley | 27,281,728 | 92.4% | 2,236,939 | 7.6% |
| Michael J. Faust | 25,942,964 | 87.9% | 3,575,703 | 12.1% |
| Edward H. Kernaghan | 25,852,852 | 87.6% | 3,665,815 | 12.4% |
| Stephen Loukas | 27,629,002 | 93.6% | 1,889,665 | 6.4% |
| Gordon Ritchie | 27,826,897 | 94.3% | 1,691,770 | 5.7% |
- Non-Binding Advisory Vote on the Corporation's Approach to Executive Compensation
By resolution passed by ballot vote, an advisory resolution was passed to approve the Company’s approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows:
| Votes For | Percent | Votes Against | Percent |
|---|---|---|---|
| 23,678,703 | 80.2% | 5,839,964 | 19.8% |