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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 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

Obsidian Energy Ltd
Bullboard Posts
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Comment by GMTFOHon Jul 03, 2019 11:43am
155 Views
Post# 29883397

RE:Obe

RE:ObeAt the present rateof decline this turkey willbe off to the slaughterhouse shortly. Pre split it was at 0.27 CDN. Now it is at 0.17 CDN. If this company survives I will be shocked. 

The mismanagement contimues and the only thing that I can hope is that a different company purchases them and starts to run it the way it should be. French started the downward slide and it has continued with the currrent board and the latest CEO Michael Faust.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities