Obsidian Energy Ltd 6-K, filed Jun 17, 2022
Obsidian Energy Ltd. (OBE)
About this 6-K
Obsidian Energy Ltd filed this 6-K on June 17, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2022
Commission File Number 1-32895
Obsidian Energy Ltd.
(Translation of registrant’s name into English)
Suite 200, 207 – 9th Avenue SW
Calgary, Alberta, Canada T2P 1K3
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F ☐ Form 40-F ☒
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) ☐
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) ☐
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 June 17, 2022.
| OBSIDIAN ENERGY LTD. | ||
| By: |
/s/ Stephen Loukas | |
| Name: |
Stephen Loukas | |
| Title: |
Interim President and CEO | |
2
EXHIBIT INDEX
| Exhibit |
Description | |
| 99.1 | News Release, dated June 16, 2022 | |
| 99.2 | Report of Voting Results from Annual General Meeting of Shareholders | |
Exhibit 99.1
Obsidian Energy Announces Voting Results from the 2022 Annual
and Special Meeting of Shareholders
| • | New corporate presentation and management webcast available for replay on website |
CALGARY, June 16, 2022 – OBSIDIAN ENERGY LTD. (TSX / NYSE American – OBE) (“Obsidian Energy”, the “Company”, “we”, “us” or “our”) is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2022, Obsidian Energy’s shareholders approved all resolutions outlined in the Notice of 2022 Annual and Special Meeting and Management Proxy Circular dated May 4, 2022 (the “Information Circular”), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy’s website at www.obsidianenergy.com.
| 1. | 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.
| 2. | 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 |
28,969,478 | 81.76 | % | 6,463,567 | 18.24 | % | ||||||||||
| John Brydson |
28,985,352 | 81.80 | % | 6,447,693 | 18.20 | % | ||||||||||
| Raymond D. Crossley |
27,767,747 | 78.37 | % | 7,665,298 | 21.63 | % | ||||||||||
| Michael J. Faust |
33,805,727 | 95.41 | % | 1,627,318 | 4.59 | % | ||||||||||
| Edward H. Kernaghan |
30,276,059 | 85.45 | % | 5,156,986 | 14.55 | % | ||||||||||
| Stephen Loukas |
33,998,290 | 95.95 | % | 1,434,755 | 4.05 | % | ||||||||||
| Gordon Ritchie |
33,848,812 | 95.53 | % | 1,584,233 | 4.47 | % | ||||||||||
| 3. | 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 | |||||||||
| 23,776,857 |
67.10 | % | 11,656,186 | 32.90 | % | |||||||
NEW CORPORATE PRESENTATION AND WEBCAST
Today, Obsidian Energy’s management team held a webcast presentation live on the Internet (the “Presentation”) for investors, shareholders and stakeholders to discuss the Company’s strategy, assets, value and plans for the future.
The updated corporate presentation has been 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
Exhibit 99.2
Annual and Special Meeting of Shareholders of
Obsidian Energy Ltd. (the “Issuer”)
June 16, 2022
REPORT OF VOTING RESULTS
The following matters were voted upon at the Annual and Special Meeting of shareholders (“Shareholders”) of the Issuer held on June 16, 2022 in Calgary, Alberta. Each matter voted upon is described in greater detail in the Notice of 2022 and Special Meeting and Management Proxy Circular dated May 4, 2022 (the “Information Circular”), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on the Issuer’s website.
| 1. | 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.
| 2. | 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 |
28,969,478 | 81.76 | % | 6,463,567 | 18.24 | % | ||||||||||
| John Brydson |
28,985,352 | 81.80 | % | 6,447,693 | 18.20 | % | ||||||||||
| Raymond D. Crossley |
27,767,747 | 78.37 | % | 7,665,298 | 21.63 | % | ||||||||||
| Michael J. Faust |
33,805,727 | 95.41 | % | 1,627,318 | 4.59 | % | ||||||||||
| Edward H. Kernaghan |
30,276,059 | 85.45 | % | 5,156,986 | 14.55 | % | ||||||||||
| Stephen Loukas |
33,998,290 | 95.95 | % | 1,434,755 | 4.05 | % | ||||||||||
| Gordon Ritchie |
33,848,812 | 95.53 | % | 1,584,233 | 4.47 | % | ||||||||||
| 3. | 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 | |||||||||
| 23,776,857 |
67.10 | % | 11,656,186 | 32.90 | % | |||||||