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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

Comment by oilypantson Nov 11, 2021 1:09pm
61 Views
Post# 34115730

RE:RE:RE:RE:Coming up....

RE:RE:RE:RE:Coming up....
I didnt expect you to challenge me on substance as you couldnt in May so not much has changed. Does your mum know you are here? You replied like a whinny baby that old chesnut about being on ignore you used it in May. I guess you could say you PROPed your pants. Those POP bbls have made OBEs structure worse. Only OBE could buy more POOP. In the patch when OBE comes up its always the same reply about their dreadful ARO. Most believe a higher discount is warranted. Cardium players know about the warts because front four shopped it to anyone who was willing to listen. Cardium players wouldnt touch OBE with a 10ft pole no matter what front four says. This company always been heavily discounted even during $100 oil days as it was totally mismanaged pike PetroBakken/Lightstream. PennWest has been the playpen of retail investors for past 10+ yrs. If the valuation gets anywhere near peers such as WCP CPG BNE institutional investors will pull the trigger and short it. Problem is you have dumb and dumber (aka brokavern and Tim) spewing nonsense on this board everyday. Sure a monkey can make money in energy in 2021 so I expect even brokavern made some despite his flawed analysis of the energy stocks he owns. Check Mays posts and nonsense he wrote about GXE whivh ge clearly didnt understand. I called the Nuttal bump told board buy at 50c and it hit my target in days of the Nuttal bump.(90c was my target) I sell based on peer group flowing bbl metrics as GXE got ahead of itself. Rolled that almost double into cheap JOY IPO and BNE. Unlike broavern who has a need to saturate the board with his diarrhea multiple times a day. The POOP deal has damaged the stock, with terrible ARO and uncertain management team Nuttal is not sniffing around OBE anytime soon.Instutional guys wont touch this just as Nuttal said on BNN last appearance.
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