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 > Prop 2022 Guidance on new 45

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Comment by kavern23on Nov 05, 2021 2:23am

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Post# 34090454

RE:Prop 2022 Guidance on new 45

The 100% are slightly off but get idea. FCF and CF are higher.

kavern23 wrote: It is frustrating they only give netback and nothing more on the PROP 45 stuff for 2022

I modeled it as you have to capex it. Assume 14 MPROP capex overall and then 45 it.
At 70 WTI...the new 45 acquired should FCF 7M a Q or 28m a year.

If WTI is much higher then 70...PROP 45 is less then 1 year payback...

100% of Prop at 70 WTI is around 56 FCF on 14M capexor 70m CF.