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 32,000 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 in 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

Obsidian Energy Ltd > YESTERDAY WAS A LOST, TIME FOR OBE TO MAKE IT UP TODAY

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Comment by JohnJBondon Jan 19, 2022 11:15am

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Post# 34332779

RE:RE:RE:YESTERDAY WAS A LOST, TIME FOR OBE TO MAKE IT UP TODAY

UK has announced its removing all its Covid restrictions = Covid is over

Other countries will follow

Oil is likely on its way to $100 boe

Those that sell oil (without having hedged) will make that much more and become that much more valuable

OBE is well positioned and Bargain priced.

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A junior copper-gold stock trading at a bargain of monumental proportions