Oberholtzer was outrighted to Triple-A Buffalo on Thursday.
Oberholtzer was designated for assignment by the Blue Jays on Tuesday, Shi Davidi of Sportsnet.ca reports.
Oberholtzer was called up from Triple-A Buffalo on Monday, Arden Zwelling of Sportsnet.ca reports.
Oberholtzer failed to record an out while giving up four runs on three hits and two walks in Thursday's game against the Phillies.
Oberholtzer signed a minor league deal with the Blue Jays on Wednesday, FanRag Sports' Jon Heyman reports.
Oberholtzer cleared waivers and was outrighted to Triple-A Salt Lake on Wednesday.
Oberholtzer was designated for assignment Friday.
Oberholtzer will move to the bullpen going forward, the Los Angeles Times' Pedro Moura reports.
Oberholtzer lasted just one inning Friday versus the Mariners, allowing five runs on three hits and three walks. The Angels were unable to climb out of the early hole, dooming him to his third loss of the season.
The Angels announced Friday that Oberholtzer will start Saturday's game against the Tigers, Pedro Moura of the LA Times reports.