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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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
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•••
Comment by makedonkaon Jul 08, 2018 10:17pm
67 Views
Post# 28286177

RE:RE:RE:Investing In OBE

RE:RE:RE:Investing In OBE
HummerDig wrote: Understanding fundamentals seems to be the key here...

HummerDig wrote: I find it amazing that uninformed, arrogant and rude posters refer to the "PAST" as a given future performance.  Quite a gong show.  I would bet neither has read guidence info provided directly by OBE nor understands the fundamentals of an oil stock in this industry..
 




Hummer,
 
You make excellent points about the company and how important it is to "read the guidance" and get your information from the "horse's mouth" and not those that live in the past.
 
Personally, I am looking forward to the second half and Cardium drilling results. A Viking sale will be a game changer(it will happen when the price is right). Also it will be interesting to see what happens with the CIC joint venture at the end of this year.

Thanks for chiming in.

>>>>>>>>>>>>>>>>>>>>>>>>>>>

Note to Narcissist and Lapdog.

"Every dog has his day"

"Those that laugh last, laugh the loudest"
 

 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities