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 > Bloodbath…anyone adding?

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Comment by Mickey2on Nov 26, 2021 1:31pm

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Post# 34169903

RE:RE:RE:Bloodbath…anyone adding?

Eric will talk about OBE when he gets his fill. Always was, and will always be like that

Goldenwest wrote: He's not on Market Call, but I think they're having him on to talk about the 'oil and gas outlook' today...I mentioned him b/c he's always trumpeting how the oilcos in Canada are still massively undervalued at $70 WTI.

He was pumping Cenovus and Enerplus last time he was on Market Call...one caller asked about OBE and he cited debt and the PROP deal as to why he was staying away. I don't see why he is so worried about the debt when OBE has CF to grow production and reduce debt simultaneously.

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This junior mining stock offers billions in market exposure