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HIGHWOOD ASSET MANAGEMENT LTD. ANNOUNCES SALE OF WILSON CREEK ASSETS

Newswire.ca - Tue Jun 30, 12:37PM CDT

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/

CALGARY, AB, June 30, 2026 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce that we have closed our previously announced arm's length divestiture of our Wilson Creek assets (the "Assets") to Obsidian Energy Ltd. ("Obsidian Energy") (TSX: OBE) (the "Transaction"). Total consideration received from Obsidian Energy was up to $112 million:

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