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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 > large oil draw of over 4 million
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Comment by kavern23on Dec 15, 2021 12:37pm
101 Views
Post# 34233298

RE:RE:RE:RE:RE:large oil draw of over 4 million

RE:RE:RE:RE:RE:large oil draw of over 4 millionAt least that massive block for sale at 4.22 gotten taken out.  30000 share block is hard to take out on a day like today.
Gives some hope of a 4.30 close today. Hard to tell.
Market depth doesnt have much for sale or much on bids right lol.


The danger of falling below 4.10 is at least gone.
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