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.

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Obsidian Energy Ltd

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Comment by makedonkaon Aug 11, 2019 8:58am

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Post# 30015721

RE:RE:RE:RE:RE:RE:RE:RE:RE:Pennwest Fraud Investigations and Charges - SEC vs. ASC

Kherson wrote: Some great stuff being posted recently about the corrupt ASC. I have had a few personal experiences with the ASC concerning the illegal insider buying of Daylight Energy during the takeover negotiations by the Chinese and of course the fraud that was Poseidon Concepts. What investors do not realize is that the ASC actually tried to have destroyed certain financial information concerning Poseidon Concepts, but thankfully, the person holding that information gave it to the SEC instead, which jump started the initial investigation.
What was also interesting concerning the above two companies was that certain management employees were related.

Kherson

For those new here, you should take with a grain of salt any claims made by Kherson against any company. Kherson has a history with St.Elias Mines and was named in a defemation lawsuit against the company.

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"The defendants, most of whom are not identified by their real names, include a forum poster named "Kherson." The suit quotes one of his posts, dated Dec. 16, 2012, which read: "If the ore that has been mined, has been processed and the monies made have been pockeedt [sic] by someone other than SLI, then yes Lori and the gang will be standing in front of a judge. Whatever is going on behind the scenes with SLI, we need a Forensic Audit."

https://www.siliconinvestor.com/readmsg.aspx?msgid=28737378

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