August 9, 2024 Stephen E. Loukas President, Chief Executive Officer, and Director Obsidian Energy Ltd. Suite 200, 207 9th Avenue S.W. Calgary, Alberta Canada T2P 1K3 Re: Obsidian Energy Ltd. Registration Statement on Form F-3 Filed August 2, 2024 File No. 333-281223 Dear Stephen E. Loukas: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Timothy S. Levenberg at 202-551-3707 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation cc: Daniel Miller, Esq., of Dorsey & Whitney LLP