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.

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Obsidian Energy Ltd > Share buy back

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Comment by thetruth54on Apr 19, 2023 9:04pm

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Post# 35404232

RE:RE:Share buy back

It is becoming more and more obvious that Loukas is going to use the buybacks possibly just before and almost definitly after the 1st quarter report is released in the first week of May. It may be because he has chosen to cover his butt after a not so good quarter. My hope is that is not the case and my instincts are wrong. We will know in a few weeks. The key is to watch the volume. That will tell us a lot.

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