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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 Snowhouseon Apr 08, 2019 5:52pm
73 Views
Post# 29598988

RE:Something wrong

RE:Something wrongI agree.. Something doesn't make sense here. Either the situation is really bad at the company or someone big wants to take OBE to trash levels (it is at that level already).

Someone badly wants the 7:1 RS to happen and hence keep the sp low with intense selling, and then when RS happens another 50% hair cut in a week.

BTW, the company execs will reward themselves with bonuses and other chocolate benefits after the May ER. I understand it takes so many efforts to destroy shareholders wealth :( so they should reward themselves.

Did you try sending them emails and asking questions? If not, then please shoot them emails. The emails might go straight to the trash folder, but shareholders need to keep trying.

GL.



Rambo64 wrote:
What is it with this company Sure they have weeded the week Should be up already .


Bullboard Posts