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 > i posted the other day i was looking for 72 oil

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Comment by kavern23on Nov 26, 2021 12:02pm

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Post# 34169369

RE:RE:i posted the other day i was looking for 72 oil

Yeah..it is one incredible drop.
And lots of shorting in oil right now. Falling like a knife and doing a repeating pattern.

Shorts let oil go up 15-25 cents...and then boom down like 65 cents in a few seconds.

65 was looking in the cards but it is impossible to tell.

closing at 4.40 would feel like a victory today lol