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

Obsidian Energy Ltd > Push past $5

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Comment by kavern23on Oct 04, 2021 1:30pm

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Post# 33961403

RE:RE:Push past $5

Getting hard for investors to get a position in OBE without increasing the share price....
Really a fan of this of steady little price gains...this is much more sustainable then July run to over 5 bucks.

kavern23 wrote: And we got some good news that OPEC and Russia are sticking to planned oil increase and no increase in oil supply over this....

5 bucks plus should be coming soon...

Tim14235 wrote: And we might enter the radar of a lot larger audience