Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 kavern23on Sep 08, 2021 11:46pm
157 Views
Post# 33829740

Two new spuds

Two new spudsAt least the rigs are still working. 
One rig that was in Willingesdon Green doing a Falher well looks to have spuded a Willenesdon Green Cardium well.
The rig that was in Pembina doing the well pad has moved to Bigoray and is doing a well there.
I have a feeling this rig is here only because building more leases in Pembina and completing the three well pad.
Good progress...well 10 and 11 since mid june.

Inplayoil has an operational update today and their Pembina drills in 2021 are doing very very good.

Encouraging to see even as a OBE shareholder as the three well pad OBE drilled in Pembina is literally next quarter over to IPO sucessful wells.

It would be awesome if OBE could hit a break and have this 3 well pad do 400 BOE a piece with 80% oil.

At some point when news is released OBE should rally up.


<< Previous
Bullboard Posts
Next >>