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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 > PROP
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Comment by Kramerkarmaon Nov 19, 2021 10:05am
118 Views
Post# 34145206

RE:RE:PROP

RE:RE:PROP
oils dropping due to covid fears found an amazing chart on Twitter looks like bound for $72-75 based on last wave. This one should be better covid pills and Vax but could be worse winter. Anyways I'm burnt and will look to add based on the severity. I doubt the Chinese are afforded any wiggle room on the deal now. Also hedges and FX is helping alot ... just time for ever waiting for a realistic market lol. Mabey my tfsa add will be low for me and the wife. Heard it's 6k per tfsa
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