Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by kavern23on Feb 10, 2022 3:36pm
64 Views
Post# 34417912

RE:RE:RE:RE:RE:Where do things go from here...this week

RE:RE:RE:RE:RE:Where do things go from here...this weekAlot of this is so seasonal....

When temputures warm up which they are....both solar and wind will rapidly pick up again which will alllow storage to start building really fast..in Europe.

When it is cold...less wind usually and solar...

Putins stunt in the fall raising NG rates to an insane level in Europe was not helpful at all.

It raised USA NG prices for an artifical reason and NG production in USA is set to go nuts.

IT was really cold in January...up to 7 BCF a day froze off....in the USA.

January has distorted things.

Warm weather will bring inventory in NG hard and fast.

I hope NG can hold 3.50 but I am not so sure.

If Winter is over already in North America....it will be a big education coming to investors.

As fast as this can draw down...it also can fill up at a fast pace when conditions are ripe for wind and solar.

Wind is a big threat to NG...not enough people are paying attention to it.


Oilpig1 wrote: With the exception of UK and Poland, nat gas storage is only around 30% of capacity, in Europe


<< Previous
Bullboard Posts
Next >>