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 TheRexmemberon Mar 17, 2022 2:18am
138 Views
Post# 34520891

RE:RE:RE:RE:RE:RE:RE:RE:RE:Kavern 23

RE:RE:RE:RE:RE:RE:RE:RE:RE:Kavern 23

I would like to see them move to closer to production maintenance spending in the cardium. Maybe fill a few under utilized plants but nothing too aggressive.

Would rather see growth capital being spent to fill their PROP facilities. I read somewhere that they could boost production at least 5000 boe's without any facility spend. 

really looking forward to the clearwater drilling update. 475 sections of land with some of the best production on the Baytex land not far away. Could be pretty exciting. 

i think these guys should sell 2000 boe's of production to Yangarra. Add in a few hundred wells that need to be abandoned. Win, win for both companies. Ygr could lower their decline rate and clean up the ARO for a quarter of what obe would spend. Obe could clean up some liabilities and get some cash. 

<< Previous
Bullboard Posts
Next >>