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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 Kramerkarmaon Jul 31, 2021 12:25am
90 Views
Post# 33636634

RE:RE:RE:Crunched q2 numbers 4 h2 forcast

RE:RE:RE:Crunched q2 numbers 4 h2 forcast
kavern23 wrote: Suncor fort hills production issues will only help diffentials...less barrels competing to get out.
Fort hills production should go on the wood buffalo pipelien down to kirby terminal then eventually to hardisty.  Barrels that would effect things.  wont hurt anyway to have less.


Kramerkarma wrote:
another Note : wti was 66.17 and we got 63.11 great but heavy 39.82 so 23.28$ diff.... not the 15$ i was using. But note q4 we could be looking at 14$ then 2022 10$ woot woot... according to Eric nuttal I should already use 10$ diffs lol




that's good. Thanks for quoting me I spotted an error that q2 heavy diff is vs light ... heavy vs wti in q2 was 66.17- 39.82 = 26.35 USD ... I don't see how it's that wide but hedge losses only (risk management) .52c/boe. Do you have any info on that kav?
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