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

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Post by geezer21on Dec 19, 2021 1:48pm

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Post# 34244897

7 Oil Companies Added To TSX Index

The dump on Friday with oil companies was related to transfer of shares in anticipation of 7 oil companies being added to the TSX index.

https://money.tmx.com/en/quote/BTE/news/8895011425016353/SP_Dow_Jones_Indices_Announces_Changes_to_the_SPTSX_Composite_Index

10 oil companies were on the volume actives on the TMX on Friday as follows:

Company           Shares Traded (Millions)

BTE                       33
TVE                       20.1
TRP                       17.4
SU                          14,3
SES                       12.5
AAV                        10.4
ENB                       9.9
PEY                       9.6
CPG                       8.8
CNQ                       8.5

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