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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

Post by Kramerkarmaon Jul 30, 2021 11:19pm
183 Views
Post# 33636567

Crunched q2 numbers 4 h2 forcast

Crunched q2 numbers 4 h2 forcast
good and bad news. Pumping up 2.56$ + h2 capex heavy 83.2M$ so 33.8$/ bbl (only on oil) also because pumping costs up ... nat gas needs 4.01 to break even q3 . So it's at that average so far so no profit from gas. So total h2 profit at 72$ wti -4$ light oil -18$ heavy hedged like that .. 1.25fx .is 74.2M without any funny business (1$/share) + capex and aro 83.2M for FFO . Also just a note this has higher than forecast q2 production numbers could go either way tho. Net debt would be 362M$ year end. My q2 and therefor full year numbers were off because +2.6$ costs and heavy oil diff too narrow so per boe 2-4$ to high.almost 6$/boe off.... these things happen. Would love to see costs fall below expectations. Or prices overshoot (very possible)
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