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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 kavern23on Dec 20, 2021 11:58am
226 Views
Post# 34247098

Blitzkreig...

Blitzkreig...What a pelting today lol...WTI was down 2 bucks last night and with a Biden Covid speech on tuesday coming a person knew what today was going to be all about....

Still hope OBE doesnt release news in this climate...press release is doing nothing until people calm down.

Got the margin call covered and wait it out time.

Fundamentals are still fine, choppy waters right now.

GL all.




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