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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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
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(222)
•••
Comment by makedonkaon Jul 31, 2019 2:04pm
124 Views
Post# 29980543

RE:RE:RE:Below a Buck...AGAIN

RE:RE:RE:Below a Buck...AGAIN"Yup - we are now on day 4 of below a buck - after 30 trading days this will either be delisted from the NYSE or we will see another Reverse split."

No, none of the above. If the stock should trade below a dollar average in the next thirty days, the company will have 6 months to cure the price.
 
There will be no additional reverse split as the company has already stated. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities