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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

Comment by kavern23on Jun 15, 2021 3:48pm
57 Views
Post# 33389979

RE:RE:RE:Deals....

RE:RE:RE:Deals....Even the newer OBE shareholders like me...I am not interested in selling a single share until maybe 5 bucks I would sell 10 percent of my holdings.  I may raise that even. lol, I think alot of us are quite stubborn kinda like YGR shareholders.
Probably hard to get a stake at the level Eric wants.

I spent quite abit of time on OBE...even though very credible and intelligent posters like Hendrick, Kramer, etc.talked about it.
I actually am a very cautious investor even though I do reckless things on margin or not being diversified.  I think being diversified is what is going to kill oil and gas investors.  

I didn't really have the funds in May...as I hand my hands full with a sticky situation...and OBE is just so much better with over 65 oil.

I was concerned OBE would waste alot of 2021 producing reserves without really accomplishing enough in debt repayment and production.  Time was a concern for me.  If oil was to average 58 bucks all of 2021...OBE wouldnt have had a stellar year...a divy gets pushed out another 12 months.

And I still made at least 20 percent on the YGR shares I was buying all through May as nobody wanted them. 

But man this has been f*ckin fun.  Obe is second wife after YGR. 
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