 Successful completion of nine well, first half 2021 drilling program in Cardium Robust initial well results with first five wells on-stream; completion activity commenced on remaining four wells Free cash flow generation results in lower net debtCalgary, Alberta--Newsfile Corp. - May 7, 2021 - OBSIDIAN ENERGY LTD. TSX: OBE OTCQX: OBELF Obsidian Energy, the Company, we, us or our is pleased to report strong operating and financial results for the first quarter 2021. 