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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 10:42am
78 Views
Post# 34250352

RE:RE:Today...

RE:RE:Today...I don't think market is really considering the growth here....

PROP 45 Addition : 2400 BOE
Drill Bit growth since Q3 production: 2100 BOE

OBE December production is going to be 4200 BOE plus bigger then Q3 average production.

The January with the influx of wells tied in....30,0000 BOE should be attianable or close.

If commodity prices can hold...we should all make alot of of money here when results are released.

More then happy to sit on my entire OBE position and not trade any today.
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