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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 > anyone know any plays in the clear water area?
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Comment by perstrudenton Dec 03, 2021 3:33pm
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Post# 34196447

RE:anyone know any plays in the clear water area?

RE:anyone know any plays in the clear water area?Headwater-pureplay, good results...kinda expensive imo
TVE- cheap 50/50 clearwater charlie lake plays...good wells but not monsters like bte headwater
RBY- low float, no debt....insider ownership---bad fringe land...still has to prove results...really far south in play

CJ- only has a few sections...can barely call it clearwater player
BTE- Best wells so far...big land package...
OBE- unproven but if proves success be most bang for buck for clearwater player...even more than bte...

I went BTE, and OBE...clearwater is just bonus for each of these companies.
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