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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
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Post by angelbanua1on Dec 23, 2020 12:18pm
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Post# 32169807

Grind to halt

Grind to haltWoah, this one is worthy of my time. You might want to see and learn from this one!


According to Deloitte, total EV sales are expected to grow from approximately 2.5 million in 2020. But without sufficient supplies of minerals such as nickel and lithium, this approximately  $3 trillion EV market could grind to a halt. 
 
 It is said that lithium demand could increase approximately 9x while nickel demand may move by about 14x between now and 2030. Check disclaimer on my profile
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Dealroom for high-potential pre-IPO opportunities