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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

Post by Kramerkarmaon Dec 11, 2021 12:12am
458 Views
Post# 34221152

ARO obe / bte

ARO obe / bte
I was looking to see aro because besides history that's everyone's concern. So I got 2600 wells in 2019" so I looked at BTE and 4500 wells. Based on the same cost per well that 1.17B in ARO hence why they say they'll eliminate it by 2040. While I was looking through the various documents I found the slide of ours about maint and re stim 5-10k/boe ... very good. And last I found in the 5yr forcast bte put out they assume Clearwater at 6k boe and possibly 10 ... meaning ours is 5300ish already and much more material to us as a % of production. Another take away is debt + aro would take both conpany the same ammount of years .... unless oil was a higher than 70 then we make more because they have 42% oil hedged. I am extremely bullish
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