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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 > 4.53....New 52 week high....
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Comment by kavern23on Jul 02, 2021 5:56pm
194 Views
Post# 33488510

RE:RE:4.53....New 52 week high....

RE:RE:4.53....New 52 week high....Was very positive sign to see OBE close above 4.51...the 52 week high before today.
Really wanted to see OBE above 4.51.  Good for the momemtum.

Just isnt that much OBE for sale.

The next big resistance point should be 4.76-4.80 and then 5 bucks should come soon.

I think good news is coming to us in July.

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Dealroom for high-potential pre-IPO opportunities