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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

Post by kavern23on Jan 05, 2022 11:08pm
332 Views
Post# 34287908

I found out new OBE info...

I found out new OBE info...I am surprised nobody has posted about this on Yahoo or Seeking Alpha.
Not sure on Investor Villages private board.

I would post and join Investors Village but I am superstituous right now.
I can't explain why but I crush it the more I post on stockhouse.
I think 25% of it is stockhouse has lots of lippy trolls and I am a comeptive person. I look at buying stocks with the mindframe of achieving a new high score in a video game. It allows me to take crazy risks and never be flustered.  
Articulating my thoughts on here helps me for some reason.

Anyways, the new OBE info I saw is they have a third rig moving to Cardium.
I don't know the drilling contractor for sure...but it likely PD rig by the numbering system used...I can a PD rig.
OBE restarted Pembina and Willy Crimson Pad like normal after Xmas but another rig is moving to Wily....to East Crimson.
Before i talk about that, interesting thing is that rig that has been continously drilling in Willy.
This rig moved to second hole on the pad that has one well done and it is in Core of Crimson..500 BOE ish type stuff IP 45.  Good NG in this area to push oil on at start at high f*ckin rates

The new PD rig is moving to a few interesting spot.
Should be alot of untapped missed oil here.  350 on oil and 100 BOE on gas IP 45 should be doable fairly easy on this one.

So what do this mean and what clues do it tell us...split post up. 
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