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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 21, 2021 10:38am
78 Views
Post# 34250326

RE:RE:RE:RE:Kavern's November Cardium Production Estimate...

RE:RE:RE:RE:Kavern's November Cardium Production Estimate...Hey Kramer. I think they have no wells to put on in Dec unless they happen to move any sceduled for Jan into Dec.

Prior press releases said a 4 well pad in East Crimson for December.  This pad actually produced in Nov for couple of days so OBE was very speedy.
Great news no issues and these wells were not delayed to either late dec or jan....full Dec.

Between a full 31 days on this 4 well pad and hopefully some Pembina wells tweaked and the exit is 28,500BOE
.


Kramerkarma wrote:
that's awesome thanks!!! ... how many wells left to put on in DEC? Cause only like 420boe decline over a month with the flush.


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