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.

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Obsidian Energy Ltd > NEW MONTH AND STILL MOVING UP

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Comment by kavern23on Oct 01, 2021 11:05am

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Post# 33952147

RE:NEW MONTH AND STILL MOVING UP

Aries...I will go a step further. Target should be OBE and BNE to be even in stock price by Oct 29...both between 5.50-5.70....it is doable...

Bonterra has 541,000 shares for sale listed at 5.75 so I don't see them going higher then this in Oct.

Very achievable target....