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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 ALSODDYon Jan 25, 2018 12:58pm
273 Views
Post# 27433170

ORLANDO--My thought is that we should be about 30% higher

ORLANDO--My thought is that we should be about 30% higher YET OBE IS HALF OFWHAT IT WAS WHEN WTI WAS IN THE LOW $40S  YOU STATED THIS WAS TRUE OF ALL CANADIAN STOCKS------ALL OF WHICH SEEEM TO BE LOSERS.  EVER SINCE THE TRUST MODEL WAS DISCONTINUED IN 2010 THE CANADIAN O&G STOCKS HAVE SUNK LIKE A ROCK REDUCED OR ELIMIINATED DIVIDENDS  THE SMART OIL MONEY IS AVOIDING CANADIAN O&G LIKE  LEPER COLONY  EVEN AT 30% HIGHER OBE IS A PENNY STOCK WITH NO DIVIDEND
Bullboard Posts