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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

Post by Franman184on Apr 21, 2024 7:48pm
152 Views
Post# 36000508

Current CO2 famine

Current CO2 famineCurrent CO2 levels in the Atmosphere 423 parts per million
For the last 550 million years we were as high 7000 parts per million
We are currnetly in a CO2 famine relative to the last 550 million years
In the last 20 thousand years we almost became extinct as the CO2 levels dipped to 180 parts per million.
130 parts per million would have meant extiinction of plants and eventually humans.
Photosynthesis requires CO2. A greener plant requires more CO2
We dont have enough fossil fuels to burn to bring the planet back to a normall level of about 2000 parts per million. 
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