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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > Stifel First Energy Update
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Comment by Darwynon Aug 03, 2022 1:28pm
227 Views
Post# 34868653

RE:RE:Stifel First Energy Update

RE:RE:Stifel First Energy UpdateNot sure there is anything nefarious in timing, given August long weekend. Price adjustment figures to be oil volatility on the short end. Someone is trading it and it is off almost 10 % on decent volume.

Loukas is an investment banker and not an operator so has no desire to be in this long term. He already knows the production number and the exit price he has in mind.
TBD who the dance partner will be. 
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