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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 kavern23on Nov 13, 2021 9:58pm
92 Views
Post# 34124088

RE:RE:RE:Q2 2022...Let's do own prelim guidance...

RE:RE:RE:Q2 2022...Let's do own prelim guidance...Working on 30 and 60 IP's by area East Crimsin, Crimsin and Pembina.  Then hopefully get get further. 

Doing everything by product as light oil is the key. At 95 Cad so much better then anything.

I would take a 12800 quarter on light oil over 28000 BOE...our share price would roll as we woild steam roll CF

Easiest way to power past 100M CF quarters is light oil over 13000

The curves I have done so far while watching hockey look...OBE wells have high oil %.

My goal is what production we could stabilze at if we could constantly cycle 10-12 well tied in per Q (except for spring break)..



Kramerkarma wrote:
I did a reverse engineering of q4 assuming the deal goes through on the 19th nov then production would average. Q4 1st half 25,974 Q4 2nd half 27,630 This is if we average 26,730 over all of q4. Meaning q1 we could average 28k boe. ??? Kavern23 would know how much boe we should be adding against a decline of 1,680 boe q1 22'


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