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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 30, 2021 10:48am
76 Views
Post# 34179979

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Black Friday winners!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Black Friday winners! Nice, you were busy!

I backed off any type of buyin today with oil gettting so greasy over night.

Natural gas is tanking let i thought...4.50 on nymex and it should tank further. Really really f*ckin ugly as long as warm weather continue.
Hope shorters take NG down to a price it is an easy trade to go long.

Backing off buying OBE today as it is 4.70 and I think it will be tough to stay that high.

But who knows, I want to buy something.  Have a coffee now.

Did you read Prairie Storm's results?



Kramerkarma wrote:
added 3000 IPO 1.98 ... so if joy (1.62) or IPO go up 10% before OBE they'll be liquidated. ... I'll add 6k tm if it drops more ... and it looks like it wants to get down to 66. But OPEC so not gonna guess ... just add on the way down and sell of highest ones at par.


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