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.

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Obsidian Energy Ltd > Insider buy

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Comment by kavern23on Dec 20, 2021 4:04pm

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Post# 34248157

RE:Insider buy

Nice Catch Tim...Stephen bought that token buy today on Dec 20 it looks like.
Only 2200 shares but I like message Stephen is sending.

Hopefully this is message to some of the retail investors like myself that have been buying heavy for last month to stick with the process.

Not that I needed the motivation but feel better on the 5000 I grabbed today. Prob for the best I didnt get 1000 shares more filled.

WTI over 68 I think brought alot of us to man up and buy today.