Obsidian Energy Ltd T.OBE

Obsidian Energy: Bye Bye SEC, Hello Black Gold

[makedonka]

"The SEC settlement is the final Penn West memory.  The future is the new Obsidian Energy."

Cash flow, production, and other important measures should begin to show growth."

The impairment charges, and large sales are a thing of the past.  Statements will now report routine and repeatable events."

5% growth with a 20% cash flow reserve is a good conservative start.  Continuing well production improvements should make that growth figure low fairly quickly."

"The Cardium is really the The Deep Basin, and the Flood Program.  More potential relevant divisions could be on the horizon.  Several lease areas have vastly different characteristics."

"Sometimes it takes a while for the market to realize that prospects have really changed for a company. Taking advantage of:

https://seekingalpha.com/article/4129669-obsidian-energy-bye-bye-sec-hello-black-gold?app=1&auth_param=4i15t:1d2d354:37418bac4bc3e63d97b8385e501e2934