Obsidian Energy Ltd T.OBE

Buzz on the Bullboards: Volatility persists in the face of economic indicators

[Jonathon Brown]

Canada’s main stock index struggled and the NASDAQ hit a high, demonstrating a continued appetite for tech stocks amidst market volatility. read article.

[Helloworld]

I will hand it to Steven. Additional PR land and production already above 35k with shut ins puts OBE in quite a good spot st the negotiating table..

[PressRelease]

• Peace River Peavine and Gift Lake acquisition provides additional production, reserves and development potential along the Clearwater trend from our successful Dawson field • 2024 Guidance revised to reflect the acquisition, reduced capital expenditures and higher average production, funds...read article.

[Betteryear2]

Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date Robust

[Franman184]

Nice to get good news.

[PressRelease]

Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to dateRobust results from our Peace River Dawson Clearwater development area are encouraging with 1,330 boe/d production...read article.

[Franman184]

I disagree. Pay the shakedown and the next group will lineup to be paid next. I believe OBE has acreage elsewhere. It may be the time to find another company or companies to scale up thier operations

[Helloworld]

Pay off the shakedown.  Get production going.  Issue a press release.   You get paid well enough to manage this. 

[thetruth54]

It starts not with the companies but with the corrupt Socialism that Canada and the US have now. The corrupt Socialist Trudeau regime enables these groups by supporting all their extortion. Socialists

[Hightowntrader]

The extortion has to stop. All the companies in the area need to hold hands and make sure they never deal with the Woodland Cree in the future.  Reward those that play fair, ignore those that don

[Canadaforoil]

Stupid spell check

[Canadaforoil]

Harder answer is class action lawsuit against them, the RCMP and govt of Canada for failing to stop blockade.  Lazy Indians as usual.

[Helloworld]

Down 20% in two weeks.  Company has really walked themselves into a giant mess... saving 30% on a contract vs 4500 bbl/d shut in with no clear path to restore production.  They should sell

[thetruth54]

This is what Socialism does. It enables people like this who don't want to work to make a living resort to this kind of behavior. The corrupt Socialist Biden regime does the same thing with

[Hightowntrader]

The press release is brilliant. It appears the Woodlands Cree are too lazy to work and would rather spend their time with blockades and temper tantrums.   Shame on the WC for resorting

[thetruth54]

If you go back to the my post when this dispute with these Indians or whatever they are began I told you it would be trouble and that they were just looking to extort money. These groups are the