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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 > WHAT PERCENTAGE OF GAS DOES OBE HAVE.?
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Comment by Tim14235on Sep 09, 2021 12:33pm
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Post# 33833957

RE:RE:RE:RE:RE:WHAT PERCENTAGE OF GAS DOES OBE HAVE.?

RE:RE:RE:RE:RE:WHAT PERCENTAGE OF GAS DOES OBE HAVE.?Any read on the A&D market in Alberta?  Things have been too quiet.  Prices are condusive to deals.  Bid/Asks still too far I wonder.  Cash remains short for many companies and all mgmt's eyes, their paper is too cheap to transact?   When does this negative feedback cycle end?  I guess produce more cash....

More patience I guess...  Just seems like there should be plenty of options for a company like us but I guess mgmt feels we are better of waiting.
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