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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  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 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

Comment by oilypantson Nov 11, 2021 3:40pm
72 Views
Post# 34116607

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Coming up....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Coming up....
He might if they: 1. Get rid of CEO 2. Divest POOP 3. Pay down more debt 4.Address staggering ARO And if Eric feels comfortable with new mgt team. He will be buying many other names before that comes to fruition. So lost opportunity owning OBE for that reasoning. Oh but wait..didnt you suggest in June he WAS buying...not in 2022? Still dont think you are slimey?
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