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.

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Obsidian Energy Ltd > TIME FOR OBE TO AQUIRE ANOTHER COMPANY.

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Comment by kavern23on Nov 18, 2021 11:07am

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Post# 34140825

RE:RE:TIME FOR OBE TO AQUIRE ANOTHER COMPANY.

I have been focused on who the f*ck has been selling lol.
Getting whalloped on everything right now today.

If this get's down to 4.45 range I am going to average down and sell other sh8t if have too.

Want things to stabilze abit more today before doing anything.

Brent oil is still holding 80 bucks. WTI is sinking faster as everyone is afraid of the 20-30m barrel spr release.

If the brent and wti spread get too large...USA imports are going to suffer in future inventory reports.

More oil will be sent to Asia is all that will happen lol...kinda funny if it wasnt leading to this share price pelting.