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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 Kramerkarmaon Dec 08, 2021 4:03pm
94 Views
Post# 34211967

RE:RE:RE:RE:kavern, you still working on OBE

RE:RE:RE:RE:kavern, you still working on OBE
kavern23 wrote: One of our biggest issues right now is the perception OBE has with new smaller retail investors....

On the surface OBE probably doesnt look good to alot of newbie investors.

They see 2020 production: 25,404 BOE
2021: 24600-24800 BOE

We all understand that due to the timing of capital program...how this all makes sense for the future.....

But a newbie investor that doesnt understand the assets is only going to see a company that decreased 600 BOE y over year.....

They dont know the timing of wells or light oil content....

Does it take Q4 results or Q1 2022 results for newbie investors to have the info that this is a f*ckin steal of a buy.....




Mickey2 wrote: love your posts johnjbond, but i am unsure where you get "covid is 4-8 weeks from being over in North America"





this is what we want. I know the value here as long as we can get q1 out without being bought well have a really good 2022! I compared it to WCP and it's supposed to be like $11 today (OBE) because we make more. Ruffled a few Twitter bird feathers. I'll do a JOY OBE comp next since I own both haha get some eyes on here.
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