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 > Europe Oil Stocks at 10 Year Low

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Comment by kavern23on Nov 04, 2021 9:01pm

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Post# 34089953

RE:Europe Oil Stocks at 10 Year Low

Thanks for posting Geezer. WTI is back over 80 as I write this so fingers crossed the asecent continues upwards. I just want oil to sit between 80-85....test 85...then to 80...I can live with that cyle for more months.

And if Trudeau f8cks up the canadian dollar which he likelty will...we can gain on the currency of a droppng canadian dollar.

geezer21 wrote:

OSLO/LONDON, Sept 22 (Reuters) - European gas storage levels are at their lowest in at least 10 years ahead of the crucial winter heating season, exacerbating the risk of further price spikes from already record-high levels.

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