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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 > The current price of oil is a total manipulation
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Comment by thetruth54on Apr 21, 2023 1:43pm
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Post# 35407654

RE:The current price of oil is a total manipulation

RE:The current price of oil is a total manipulation
Crude oil higher, boosted by signs of Eurozone economic recovery
Fri, April 21, 2023 at 5:42 AM EDT
Peter Nurse
 
Investing.com -- Oil prices traded higher Friday, boosted by signs of strength in the eurozone economy, but are on course for the first weekly loss since last month’s banking crisis.
"data released earlier Friday showed that the eurozone economic recovery gathered pace this month, with growth in the region’s dominant services industry more than offsetting a deepening slump in manufacturing."
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