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Obsidian Energy lowers 2026 production guidance due to weather and facility delays, targets 15% growth in 2027

Market News
14 Sep 2026
Newsfile Corp
View Source
Neutral
Obsidian Energy lowers 2026 production guidance due to weather and facility delays, targets 15% growth in 2027

Obsidian Energy updated its 2026 production guidance to 28,500–29,500 boe/d, down from 29,000–31,000 boe/d, citing weather-related development delays and downtime at newly acquired Belly River assets. The company has two rigs active in Peace River and Willesden Green, advancing development and waterflood projects. Despite setbacks, Obsidian targets over 15% production growth in 2027 and plans to release 2027 guidance in January. Capital expenditures remain around $300 million, supporting steady production and infrastructure expansion.

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Sui network hits 40 million transactions per second in live test, doubling its target.

Sui network hits 40 million transactions per second in live test, doubling its target.

During a live demonstration at the Basecamp conference in Singapore on October 7, 2026, the Sui blockchain network processed over 40 million transactions per second, verified in real time by auditor CertiK. This performance more than doubled the init...

Protocol Fundamentals
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Bitcoin long-position liquidations hit $11.98M as price dips slightly on Oct 7

Bitcoin long-position liquidations hit $11.98M as price dips slightly on Oct 7

On October 7, Bitcoin long-position liquidations surged to $11.98 million within an hour ending at 6:11 a.m. ET, accounting for over 99% of total liquidations worth $12.02 million. This spike occurred as Bitcoin's price dipped slightly from $83,908 t...

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4 hours ago
Ether long positions worth $22.55M liquidated as ETH price dips 0.68% in one hour

Ether long positions worth $22.55M liquidated as ETH price dips 0.68% in one hour

Ether (ETH), the second-largest cryptocurrency, saw $22.55 million in long positions liquidated within an hour ending at 6:11 a.m. ET on October 7, as its price dropped 0.68% from $2,608 to $2,590. Total liquidations across major exchanges Binance, B...

Market News
Bearish
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SwissBorg app adds Worldcoin (WLD) for trading under French crypto regulations

SwissBorg app adds Worldcoin (WLD) for trading under French crypto regulations

SwissBorg has listed Worldcoin (WLD) as a supported asset on its app, allowing users to trade the token. The app operates under the French Markets in Crypto-Assets (MiCA) authorization through BlockNodes SAS, ensuring regulatory compliance. Worldcoin...

Market News
Bullish
4 hours ago
Bitcoin price dips as whales shift from selling to buying, retail investors keep selling.

Bitcoin price dips as whales shift from selling to buying, retail investors keep selling.

On October 7, Bitcoin experienced a market pullback driven by shifts in investor behavior. Medium and large whale groups moved from selling to buying Bitcoin, with one purple whale group repurchasing Bitcoin it had sold earlier and a red whale group ...

Technical Signals
Neutral
4 hours ago
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