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 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

Bullboard Posts

Comment by bmeister2on Sep 12, 2017 8:27am

88 Views

Post# 26683601

RE:RE:value

Thanks, summon3r, for that advice. Yeah, I corrected that 40 mil typo but your cash flow advice is pertinent. All I am saying is that pengrowth is certainly looking better than a few months previous and is starting to look viable again, esp. if we can get into 55 + oil and a way of moving that oil to market.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?