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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 JohnJBondon Nov 19, 2021 2:06pm
102 Views
Post# 34146960

RE:RE:RE:PROP

RE:RE:RE:PROPAs for covid - cases are spiking in Germany and northern Austria, Norway and others where vaccination is low

Spike are good - bigger and faster means less to come.

India went though a massive delta wave that peaked in May.    They are down to very low relative numbers now.     That spike exposed just about everyone in the Country.   

Covid has been around now for about 2 years - thats about the normal length of a pandemic - ie the time it takes for just about everyone to get exposed - meaning its no longer a novel virus in the Human species.

I don't expect covid to have a negative impact on oil consumption going forward.   From now on I think its just noise


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