OBSIDIAN ENERGY LTD. - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENN WEST PETROLEUM LTD. (PWE)
CIK: 0001334388
Period of Report: 2016-09-20

Reporting Person: Ho Cheuk Fund (Financial Investor (9.83%))

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-20	Common Stock	S	595900	$1.81	Disposed	48780897	Direct
2016-09-21	Common Stock	S	696000	$1.81	Disposed	48084897	Direct
2016-09-22	Common Stock	S	720000	$1.85	Disposed	47364897	Direct
2016-09-23	Common Stock	S	325300	$1.83	Disposed	47039597	Direct
2016-09-26	Common Stock	S	131500	$1.8	Disposed	46908097	Direct
2016-09-28	Common Stock	S	1560000	$1.82	Disposed	45348097	Direct
2016-09-29	Common Stock	S	1650000	$1.86	Disposed	43698097	Direct
2016-09-30	Common Stock	S	955100	$1.82	Disposed	42742997	Direct
2016-10-03	Common Stock	S	746720	$1.84	Disposed	41996277	Direct
2016-10-04	Common Stock	S	690000	$1.85	Disposed	41306277	Direct
2016-10-05	Common Stock	S	1140000	$1.91	Disposed	40166277	Direct
2016-10-06	Common Stock	S	1140000	$1.92	Disposed	39026277	Direct
2016-10-07	Common Stock	S	771100	$1.89	Disposed	38255177	Direct
2016-10-10	Common Stock	S	446800	$1.91	Disposed	37808377	Direct
2016-10-11	Common Stock	S	627300	$1.9	Disposed	37181077	Direct