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 > All about patience now

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Comment by kavern23on Oct 05, 2021 10:25am

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Post# 33966608

RE:All about patience now

Agreed but I am still in add mode lol. Daily action matters if want to add to position.
Margin gains to add on.

It is a great feeling, once 5 bucks rolls around I can sit back and not watch this as closely.

Everything is falling into place...steady as she goes....

Tim14235 wrote: Daily action is no longer important where oil/gas prices are. What a great feeling. Just let the Q's and updated guidance, and wells, and rigs, asset sales, debt financing happen.

Cheers

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