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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 kavern23on Dec 16, 2021 6:33pm
119 Views
Post# 34238842

RE:I expect next update

RE:I expect next updateFor sure hard to gauge when they put out news again....

On one hand we had a press release two weeks ago on the bank faculty but OBE has shown a history of releasing prelim numbers as they did that for Q3....

Not sure if we get an operational update here in Dec.  4 wells to tie in for December.
Then 9.8 wells in Jan.

I guess in December they could do an update with total production BOE as exit of 2021......prob be one of the better treats if we get an early treat.

I should be able to get Nov production numbers in my model tomorrow night...usually a Friday release from AER. I will post it.

If management wants to get their bonus...they need to get the share price up for Dec 31 as that is when bonus payments would be calculated based on share price...come on guys...management and us shareholders can both win:) here haha....


quote=Tim14235]To be fully loaded.  Q will not be reported till March.    

They are way overdue.[/quote]

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