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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > Receipt deal closes Nov. 18
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Comment by pennydredfulon Nov 15, 2021 7:59pm
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Post# 34129716

RE:RE:RE:RE:RE:RE:Receipt deal closes Nov. 18

RE:RE:RE:RE:RE:RE:Receipt deal closes Nov. 18
Feb2 2022 .  Are   you  getting  that  from  some where ?   Depending  on  the  % age  they  hold , there  could   be  an extended  release  period  divided  into  about   4   tranches    perhaps  60 to  90  days   apart  .  Do  you   know  what   percent  they  will  hold ?   The smaller  the  percent  the shorter  the  hold  period   and   there  might  be none  if say there  %   was  less  than  5. If   they  have  more    than  10%   they  are subject  to  insider  trading  rules and reporting  .  Possibly  OBE   could buy   them out  down the road.
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