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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 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

Bullboard Posts
Post by makedonkaon Dec 02, 2017 9:23am
151 Views
Post# 27077230

The oil and gas industry: Part one

The oil and gas industry: Part one"Keith Schaefer, editor and publisher of the Oil and Gas Bulletin, gives his outlook for the oil and gas industry, as well as stocks in the sector to keep an eye on."

https://www.bnn.ca/video/the-oil-and-gas-industry-part-one~1275804

Worth a listen, although the board guru and his associate will surely claim otherwise.

The guru analisis/commentary is retrospective, he makes his claim to fame by looking in the rearview mirror. 

 
That explains the membership numbers on his private blog. Should consider a name change and call his blog:

*The Retrospective Guru*

May increase the membership numers...Lol.

Noone had it right, not even the best oil and gas experts and many are man enough to have publicly said so.

Even Goldman Sachs admitted to getting it wrong! 

Of course the great pretenders are an exception to the rule as exhibited here.

'Learn from the past and live in the present' is my thought for the day.

Do your own DD.

 






Bullboard Posts