6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2017

Commission File Number 1-32895

Penn West Petroleum Ltd.

(Translation of registrant’s name into English)

Suite 200, 207 – 9^th Avenue SW

Calgary, Alberta T2P 1K3

Canada

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F  ☐                Form 40-F  ☑

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)  ☐

.

DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K

See the Exhibit Index hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on June 27, 2017.

PENN WEST PETROLEUM LTD.
By:	/s/ Mark Hawkins
Name:	Mark Hawkins
Title:	Corporate Secretary and Senior Counsel

EXHIBIT INDEX

Exhibit	Description
99.1	News Release, dated June 26, 2017
99.2	Voting Results dated June 26, 2017
99.3	Certificate of Amendment to Articles
99.4	Notice of Change in Corporate Structure

EX-99.1

Exhibit 99.1

PENN WEST CHANGES NAME TO OBSIDIAN ENERGY LTD. AND ANNOUNCES VOTING RESULTS FROM THE 2017 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Calgary, June 26, 2017 PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) (“Penn West” “or the Company”) is pleased to announce that our shareholders have approved our name change to Obsidian Energy Ltd., effective immediately. In conjunction with our name change, our stock symbol will be replaced with “OBE” on both the Toronto Stock Exchange and New York Stock Exchange, effective in the next 3 – 5 business days. No action is required by shareholders with respect to this change.

“We are pleased to recognize the last step in our transformation with a name change to Obsidian Energy. As we start a new chapter in our story, we will build on three principles: disciplined technical and commercial decision-making to build and protect enterprise value, relentless pursuit of progress and innovation, and accountable and transparent efforts with our shareholders, our partners and the communities in which we operate. Obsidian Energy is well positioned with the right assets, a healthy balance sheet and a prudent hedging strategy that will allow the Company to set a standard for performance even in lower price environments”, commented David French, President and Chief Executive Officer.

In addition to the name change, shareholders approved all resolutions outlined in the Notice of 2017 Annual and Special Meeting and Management Proxy Circular dated April 30, 2017 (the “Information Circular”), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on the Company website at www.pennwest.com which will in due course become www.obsidianenergy.com. See below for further details.

1. Appointment of Auditor

By resolution passed by show of hands, Ernst & Young LLP, Chartered Accountants, was appointed as auditor of Penn West for the ensuing year.

2. Election of Directors

By resolutions passed by ballot vote, the following eight nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

Name of Nominee
	Votes For		Percent			Votes Withheld		Percent
George H. Brookman		171,547,614		95.44	%		8,195,244		4.56	%
John Brydson		172,677,487		96.07	%		7,065,371		3.93	%
Raymond D. Crossley		173,814,934		96.70	%		5,927,924		3.30	%
David L. French		172,488,980		95.96	%		7,253,878		4.04	%
William A. Friley		171,035,516		95.16	%		8,707,342		4.84	%
Richard L. George		169,110,161		94.08	%		10,632,697		5.92	%
Maureen Cormier Jackson		170,927,882		95.10	%		8,814,976		4.90	%
Jay W. Thornton		171,195,207		95.24	%		8,547,651		4.76	%

3. Non-Binding Advisory Vote on the Corporation’s Approach to Executive Compensation

By resolution passed by ballot vote, an advisory resolution was passed to approve the Company’s approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows:

Votes For		Votes Against
Number	Percent	Number	Percent
168,359,816	93.66%	11,394,787	6.34%

4. Approval of Amendment to Restricted Share Unit Plan

By resolution passed by ballot vote, the amendment to the restricted share unit plan to become the restricted and performance share unit plan was approved. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
169,112,614	94.08%	10,641,886	5.92%

5. Approval of Name Change to Obsidian Energy Ltd.

By resolution passed by ballot vote, a special resolution was approved to the amendment to the articles of Penn West to chance the name to Obsidian Energy Ltd. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
278,070,022	92.91%	21,220,502	7.09%

6. Approval of Reduction of Share Capital for Accounting Purposes

By resolution passed by ballot vote, the reduction of Penn West’s share capital for accounting purposes was approved. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
173,395,303	96.46%	6,359,201	3.54%

Forward-Looking Statements

Certain statements contained in this document constitute forward-looking statements or information (collectively “forward-looking statements”) within the meaning of the “safe harbour” provisions of applicable securities legislation. In particular, this document contains forward-looking statements pertaining to, without limitation, the following: that we will build on three principles: disciplined technical and commercial decision-making to build and protect enterprise value, relentless pursuit of progress and innovation, and accountable and transparent efforts with our shareholders, our partners and the communities that we operate; that we are well positioned with the right assets, a healthy balance sheet and a prudent hedging strategy that will allow the Company to set a standard for performance even in lower price environments.

With respect to forward-looking statements contained in this document, we have made assumptions regarding, among other things: that we do not dispose of any material producing properties; our ability to execute our long-term plan and the impact that the successful execution of such plan will have on our Company and our shareholders; that the current commodity price and foreign exchange environment will continue or improve; future capital expenditure levels; future crude oil, natural gas liquids and natural gas prices and differentials between light, medium and heavy oil prices and Canadian, WTI and world oil and natural gas prices; future crude oil, natural gas liquids and natural gas production levels; future exchange rates and interest rates; future debt levels; our ability to execute our capital programs as planned without significant adverse impacts from various factors beyond our control, including weather, infrastructure access and delays in obtaining regulatory approvals and third party consents; our ability to obtain

equipment in a timely manner to carry out development activities and the costs thereof; our ability to market our oil and natural gas successfully to current and new customers; our ability to obtain financing on acceptable terms, including our ability to renew or replace our syndicated bank facility and our ability to finance the repayment of our senior unsecured notes on maturity; and our ability to add production and reserves through our development and exploitation activities.

Although we believe that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the forward-looking statements contained herein will not be correct, which may cause our actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements.

The forward-looking statements contained in this document speak only as of the date of this document. Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update any forward-looking statements. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

About Obsidian Energy

Obsidian Energy is an intermediate-sized oil and gas producer with a well-balanced portfolio of high-quality assets based in Western Canada. Obsidian Energy is a company based on discipline, relentless passion for the work we do, and resolute accountability to our shareholders, our partners and the communities in which we operate.

For further information, please contact:

OBSIDIAN ENERGY

Suite 200, 207 – 9th Avenue SW

Calgary, Alberta T2P 1K3

Phone: 403-777-2500

Fax: 403-777-2699

Toll Free: 1-866-693-2707

Website: www.obsidianenergy.com

Investor Relations:

Toll Free: 1-888-770-2633

E-mail: investor_relations@obsidianenergy.com

EX-99.2

Exhibit 99.2

Annual and Special Meeting of Shareholders of

Obsidian Energy Ltd. (formerly Penn West Petroleum Ltd.) (the “Issuer”)

June 26, 2017

REPORT OF VOTING RESULTS

The following matters were voted upon at the Annual and Special Meeting of shareholders (“Shareholders”) of the Issuer held on June 26, 2017 in Calgary, Alberta. Each matter voted upon is described in greater detail in the Notice of 2017 and Special Meeting and Management Proxy Circular dated April 30, 2017 (the “Information Circular”), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on the Issuer’s website.

1. Appointment of Auditor

By resolution passed by show of hands, Ernst & Young LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year.

2. Election of Directors

By resolutions passed by ballot vote, the following eight nominees proposed by management were elected as directors of the Issuer to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

	Votes For		Percent			Votes Withheld		Percent
George H. Brookman		171,547,614		95.44	%		8,195,244		4.56	%
John Brydson		172,677,487		96.07	%		7,065,371		3.93	%
Raymond D. Crossley		173,814,934		96.70	%		5,927,924		3.30	%
David L. French		172,488,980		95.96	%		7,253,878		4.04	%
William A. Friley		171,035,516		95.16	%		8,707,342		4.84	%
Richard L. George		169,110,161		94.08	%		10,632,697		5.92	%
Maureen Cormier Jackson		170,927,882		95.10	%		8,814,976		4.90	%
Jay W. Thornton		171,195,207		95.24	%		8,547,651		4.76	%

3. Non-Binding Advisory Vote on the Corporation’s Approach to Executive Compensation

By resolution passed by ballot vote, an advisory resolution was passed to approve the Issuer’s approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows:

Votes For		Votes Against
Number	Percent	Number	Percent
168,359,816	93.66%	11,394,787	6.34%

4. Approval of Amendment to Restricted Share Unit Plan

By resolution passed by ballot vote, the amendment to the restricted share unit plan to become the restricted and performance share unit plan was approved. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
169,112,614	94.08%	10,641,886	5.92%

5. Approval of Name Change to Obsidian Energy Ltd.

By resolution passed by ballot vote, a special resolution was approved to the amendment to the articles of the Issuer to change the name to Obsidian Energy Ltd. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
278,070,022	92.91%	21,220,502	7.09%

6. Approval of Reduction of Share Capital for Accounting Purposes

By resolution passed by ballot vote, the reduction of the Issuer’s share capital for accounting purposes was approved. The results of the ballot were as follows:

Votes For	Percent	Votes Withheld	Percent
173,395,303	96.46%	6,359,201	3.54%

EX-99.3

Exhibit 99.3

CORPORATE ACCESS NUMBER: 2020125932

BUSINESS CORPORATIONS ACT

CERTIFICATE

OF

AMENDMENT

PENN WEST PETROLEUM LTD.

CHANGED ITS NAME TO OBSIDIAN ENERGY LTD. ON 2017/06/26.

Government of Alberta
REGISTRAR OF CORPORATIONS

Name Change Alberta Corporation - Registration Statement

Alberta Amendment Date: 2017/06/26

Service Request Number:    27225766

Corporate Access Number:  2020125932

Legal Entity Name:	PENN WEST PETROLEUM LTD.
French Equivalent Name:
Legal Entity Status:	Active
Alberta Corporation Type:	Named Alberta Corporation
New Legal Entity Name:	OBSIDIAN ENERGY LTD.
New French Equivalent Name:
Nuans Number:	120239641
Nuans Date:	2017/06/09
French Nuans Number:
French Nuans Date:
Professional Endorsement Provided:
Future Dating Required:

Annual Return

No Records returned

Attachment

Attachment Type	Microfilm Bar Code	Date Recorded
Statutory Declaration	10000407115604399	2017/01/01
Share Structure	ELECTRONIC	2017/01/01
Other Rules or Provisions	ELECTRONIC	2017/01/01

Registration Authorized By:	SYLVIE J. WELSH
	SOLICITOR

EX-99.4

Exhibit 99.4

NOTICE OF CHANGE IN CORPORATE STRUCTURE

PURSUANT TO SECTION 4.9 OF NATIONAL INSTRUMENT 51-102

1. Names of the parties to the transaction

Penn West Petroleum Ltd. (the “Corporation”)

2. Description of the transaction

On June 26, 2017, holders of common shares of the Corporation approved a special resolution to change the name of the Corporation from “Penn West Petroleum Ltd.” to “Obsidian Energy Ltd.” (the “Name Change”).

For additional information related to the Name Change, please refer to the Information Circular of the Corporation dated April 30, 2017 which has been filed under the Corporation’s profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov

3. Effective date of the transaction

The Name Change was effective as of June 26, 2017.

4. Names of each party, if any, that ceased to be a reporting issuer after the transaction and of each continuing entity

N/A

5. Date of reporting issuer’s first financial year-end subsequent to the transaction (if paragraph (a) or subparagraphs (b)(ii) of s.4.9 applies)

N/A

6. Periods, including comparative periods, if any, of the Interim and Annual Financial Statements required to be filed for the reporting issuer’s first financial year after the transaction form (if paragraph (a) or subparagraph (b)(ii) of s.4.9 applies)

N/A

7. Documents filed under NI 51-102 that described the transaction and where those documents can be found in electronic form (if paragraph (a) or subparagraph (b)(ii) of s.4.9 applies)

N/A