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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 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 kavern23on Jan 16, 2024 12:05pm
103 Views
Post# 35829247

RE:Loukas and Kavern are abject failures by their own words.

RE:Loukas and Kavern are abject failures by their own words.Why are you stuck in 2017 or 2019?
Bro you are the failure as you didnt profit take and sell out of OBE at 12 bucks.

You have come up with this 20 USA value in your own mind.

Oil and gas valuations change and the USA oil shale revolution made WHOLE INDUSTRY mutiples lower.

Cardinal energy is worth half of what it was in 2016.
Bne was 27 dollars in 2017.

WHOLE industry became worth so much less due to USA oil shale boom.

Is what it is.  

You are blaming Stephen for Permain Basin boom now?

You need to adapt and think more thetuth54.

I can see why you are losing so much money in the markets thetruth54...your stubborness is causing you to loss so much of your life savings.

Good luck on recovering your life savings.  I am retired dude and invest when I want too.
Sorry but some of us are more sucessful than you. Life isnt fair, not my problem you are struggling.
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