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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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 35,700 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 on 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

Obsidian Energy Ltd
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Comment by makedonkaon Nov 22, 2017 10:29am
251 Views
Post# 27010996

RE:RE:U.S. hedge fund reports owning more than a 5% stake in OBE

RE:RE:U.S. hedge fund reports owning more than a 5% stake in OBE
mohammedahab wrote: You made this same post several times yesterday.  If WTI keeps rising this could be a catalyst obE needs to break through $2. Announced cut backs by OPEC will allow Canadians to pump more oil at a higher price(Canada has no plansto join OPEC by cutting back)  A 5% stake by a hedge fund in a penny stock always raises the PPS.  I see resistance at $1.60, if OPEC cuts back or at least announces they will and OBE  breaks through $1.60 it should go past $2 possiby even joining BTE and some of the other ex canroys near $3.  For penny specers this could be a good time to get in


Appears as if you bought some... Eh! Lol.  You do not have to read my posts... Just click on your ignore button and I will disappear! 

Here is some more good news:

https://www.reuters.com/article/us-opec-oil/saudis-push-for-nine-month-extension-of-opec-led-oil-cut-sources-idUSKBN1DM1II


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Dealroom for high-potential pre-IPO opportunities