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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

Obsidian Energy Ltd > Good Day!

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Comment by kavern23on Dec 17, 2021 12:18pm

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Post# 34241013

RE:RE:RE:RE:RE:RE:Good Day!

Kramer as long as sh*t like this is published...going to be a rollercoaster.....
Covid is never good for energy prices.

UK breaks Covid-19 daily case record for third day

From CNN’s Allegra Goodwin in London

The UK reported a record high of Covid-19 cases for the third consecutive day on Friday, recording 93,045 infections — the highest number of daily cases since the pandemic began.

That is up from 88,376 new cases on Thursday and 78,610 new cases on Wednesday.

The UK also recorded 3,201 additional confirmed cases of the Omicron variant on Friday, bringing the total confirmed Omicron cases to 14,909.

The country reported a further 111 coronavirus deaths on Friday.