Business Context and Reporting Period
This Form 6-K filing by Penn West Petroleum Ltd. (noted as OBSIDIAN ENERGY LTD. in metadata) covers the month of May 2013. The filing incorporates by reference the Management's Discussion and Analysis and Financial Statements for the three months ended March 31, 2013. The registrant is a foreign private issuer based in Calgary, Alberta, Canada.
Key Financial Metrics
The filing text provided is a cover sheet and exhibit index; it does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the incorporated exhibits (99.3 and 99.4) which are not included in the source text.
Material Changes
The filing text does not provide specific details on material changes versus prior periods. It references a news release dated May 1, 2013 (Exhibit 99.1) and May 2, 2013 (Exhibit 99.2), which likely contain updates, but the content of these releases is not present in the provided text.
Guidance, Outlook, and Risks
No specific guidance, outlook, management commentary, or risk factors are detailed in the provided text. The filing notes the incorporation of an "Advance Notice By-Law" (Exhibit 99.7) into the company's registration statements.
Important Facts for Investor Verification
- Verify the specific financial results for the quarter ended March 31, 2013, by reviewing the incorporated Exhibit 99.3 (MD&A) and Exhibit 99.4 (Financial Statements).
- Review the news releases dated May 1 and May 2, 2013 (Exhibits 99.1 and 99.2) for material corporate updates.
- Confirm the adoption of the Advance Notice By-Law (Exhibit 99.7) and its implications for shareholder governance.
- Note that the metadata lists the company as "OBSIDIAN ENERGY LTD." while the filing text identifies the registrant as "Penn West Petroleum Ltd."; verify the current corporate name and any recent name changes or mergers.