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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
Comment by Just1Questionon Feb 13, 2019 7:08pm
64 Views
Post# 29361336

RE:Delisted in March

RE:Delisted in March Its not the end of the world. I expect a voluntary delisting notice similar to BXE.  At this P/B there are different dynamics at play and this outcome is already priced in.  Stand ready to buy the dip when the announcement comes.  No investors of note will actually be surprised by a delisting, though retail may panic for a short while.
Bullboard Posts