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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 Snowhouseon Apr 11, 2019 10:59pm
50 Views
Post# 29616581

A lot of volume in last half an hour

A lot of volume in last half an hour A million + shares were bought in last 30 minutes of trade today. Indicating something here. A parabolic upside move coming? Any news coming next week? Or someone taking a scoop here while OBE trades at cheap discount. Q1 ER coming up in two weeks or so. Lot of shares and shorties gonna run soon.

Grab it while it remains cheap or buy next month at double the price.
Bullboard Posts