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Obsidian Energy Ltd OBE


Primary Symbol: T.OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing around 32,000 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused in the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.


TSX:OBE - Post by User

Post by thetruth54on Jan 18, 2024 11:07am
132 Views
Post# 35833615

Serves the Liberal/Socialist/Environmentalist wackos right

Serves the Liberal/Socialist/Environmentalist wackos right
How bout those wonderful EV's. Not only do they blow up when exposed to water as in floods and hurricaines they also don't work in the cold. NICE!

Winter weather presenting EV owners with 'frustrating' challenges
Freezing temperatures and winter conditions plagued cities across the Midwest
 
By Madeline Coggins FOXBusiness
 
Electric vehicle owners faced a new string of challenges when frigid temperatures and wintry conditions gripped the Midwest.
"It's been a little frustrating," one woman told Fox Business. "I had to charge like multiple times every day the last couple days. I had to wait for like 45 minutes for a charger and then I pull in. It doesn't work, and then I pull out and then someone else takes the next charger. And then I had to wait again."
Electric vehicles are facing issues including decline in performance, weaker battery life, increased charge times and even long lines. 
"I was at 50% when I got here, usually from 50 to like 80, 90% it will take like 10, 15 minutes. It's taking an hour and 20 minutes," one driver shared at a Tesla charge station near Chicago.
One expert told Fox Chicago that cold weather can impact the ability of electric vehicles to charge properly. 
"It’s not plug and go. You have to precondition the battery, meaning that you have to get the battery up to the optimal temperature to accept a fast charge," said Mark Bilek of the Chicago Auto Trade Association.
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