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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 Feb 01, 2018 1:07pm
435 Views
Post# 27481219

WTI OPEC AND OBE PRICE

WTI OPEC AND OBE PRICEONE ANALIST ON YAHOO BLOG POSTED OPEC WOULD HAVE TO REDUCE PRODUCTION 50% FOR OBE TO GO TO $2   .50 SHIRT OF WHERE IT WAS 16 MONTHS AGO WITH WTI IN THE $40S  OF CORSE THER IS ALWAYS THE VENEZUELA AND NIGERIAN FACTORS MENTIONED HERE WHICH TURNED OUT TO BE FARSICAL
Bullboard Posts