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 > good ole Friday

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Post by kavern23on Dec 10, 2021 10:47am

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Post# 34218492

good ole Friday

What a scrambly mornimg....

I wasn't planning on doing anything today.

But I seen Obe trade at 4.55...and oil is up....had to leave the eggs and bacon to fry.

I don't get why someone would wait to sell today at 4.55...when they could get 4.67 yesterday?
It kinda f*cked. Or it is that shorter taking advanatge of no market depth.

But no money. Thankfully someone put a massive bid for 50k of YGR at 1.49 so I could dump alittle at break even to margin more OBE at 4.55.

Another 6000 of Obe for the pile at 4.554..

I noticed as soon as I bought it went to 4.58....like the shorter get's angry the minute someone stands up and says f*Ck this and f*ck you. 4.55 I will defend.

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