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 > IIROC Trade Resumption - OBE

<< Previous

Bullboard Posts

Next >>

Comment by Tim14235on Nov 03, 2021 10:11am

118 Views

Post# 34081689

RE:RE:IIROC Trade Resumption - OBE

Yes, it was a glorious opportunity and glad I got a bunch in the first 5 minutes. The tutes may want it cheaper for the offering but it aint going to happen. Tiny offering is being marketed by two houses in two countries. They will be heavy competition on the bid. In the meantime, tutes willing to pay, who see the merits of the transaction, will buy open market today .

Got to love the knee jerk pipe reaction. False flag. Hopefully some shorts joined the party!

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario