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

Obsidian Energy Ltd

Bullboard Posts

Post by rusty777on Jul 16, 2019 1:02pm

90 Views

Post# 29925641

Below a Buck...AGAIN

Hi Hum - here we go again - now we are below $1.00 (US) guess we should expect another notification from the exchange in 10 days if it stays at this level. Gee...look at how well the reverse split worked out for them!

Hard to believe this was once a $20.00 pershare company. If other companies have managed to survive and even prosper in the current climate...I wonder why this one hasn't????

GLTA

Rusty

Bullboard Posts

Gold vs. bitcoin, where should you invest?