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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 Aug 24, 2018 9:40am
226 Views
Post# 28511015

Losers can't accept defeat

Losers can't accept defeatThere are no tools left in the "tool box" in order to continue with the court challenge. They are done! FINITO! Corrigan and his arrogance are FINISHED, all he can do now bark a little before he has to put his tail between his legs ( pay the piper) and come to grips with the truth. 

These are the comments of a man in denial:


“Burnaby is not going away. We intend to continue to oppose this project with all legal means available to us, and will be continuing with our other legal challenges,” Corrigan added."

This is the reality:

"Rachel Notley, the Premier of Alberta, tweeted that “We are pleased with the Supreme Court’s Decision today to dismiss Burnaby’s leave to appeal.”

"“When the City of Burnaby tried to block the Trans Mountain Pipeline in court, we intervened – and we won in court and we won again today. In fact, the courts have ruled 17 out of 17 times in favour of Trans Mountain,” Notley tweeted."

The Tans Mountain is beiing built and coming online in 2020.
Great news for Canadian E&Ps

 
Green with envy? LOL

Worth a read:


https://oilprice.com/Latest-Energy-News/World-News/Canadas-Top-Court-Dismisses-Burnaby-Case-Against-Trans-Mountain-Pipeline.html




 

Bullboard Posts