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 > Receipts settling next week at 4.40

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Comment by oilypantson Nov 12, 2021 12:42pm

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Post# 34120254

RE:RE:RE:RE:RE:Receipts settling next week at 4.40

'why ARO matters when it has no term' I would like to wrap my arms around you and give you a hug you are a blissful boob when it comes to understanding the energy patch. In every meeting I have had it comes up. Nobody in the patch wanted to touch OBE when frontfour shopped the company. That overhang wont go away anytime soon and its a big albatross around OBEs neck. Deals will be harder and costlier. I cant really believe you are in that much denial on the POOP deal. The market spoke loudly but you didnt hear?

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