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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 > WTF....
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Comment by kavern23on Dec 02, 2021 1:33pm
107 Views
Post# 34191056

RE:RE:RE:RE:RE:WTF....

RE:RE:RE:RE:RE:WTF....Agreed...OPEC is showing the market stability

It is BIden that has tried to unstabilize the market.

Hendrick3 wrote: I think OPEC is much smarter than we give them credit for. The talk with Omicron was that it would destroy demand like 2020. OPEC says steady as she goes and everyone realizes there is no big demand destruction story. If they had cut production they would have given credence to panic which never works out very well. 


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