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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

Comment by JohnJBondon May 08, 2022 4:44pm
94 Views
Post# 34665606

RE:RE:RE:RE:RE:RE:RE:RE:Obe

RE:RE:RE:RE:RE:RE:RE:RE:Obe

Agreed - aberration seems like the right word 

I look hard for something I may of missed. If it's there I can't see it

If warren buffet is focused on buying oil shares (he can only buy large ones), then I expect smaller funds are thinking the same 

I've had many of my top holdings get bought out over the years.    In each case the announcement was preceded by an odd decline in share price.    

On Friday Peters showed up as the selling broker more than usual.    Could be a lot of different reasons for that.   Peters is an oil specialist firm.    Interesting that at least one of their clients had them doing some selling.   Not much, but just enough.     At the end of the day it looked like Peters put about 10k for sale.    Then they were purchased and another 30k were bid by they buyer(s)

Its much harder to follow trades with exchanges in the US and Canada, as well as the online versions 

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