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Obsidian Energy Receives Solid Value From Its Sale Of InPlay Oil Shares

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Obsidian Energy Ltd. (NYSE: OBE )(TSX: OBE:CA ) has significantly reduced its net debt through the sale of its stake in InPlay Oil Corp. ( OTCQX:IPOOF )( IPO:CA ). It has also been repurchasing/redeeming its 11.95% u ...