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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 Tim14235on Dec 21, 2021 12:26pm
85 Views
Post# 34250913

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

RE:RE:RE:Kavern's November Cardium Production Estimate...I will add that the last two were said to come online in Mid November.  So those are likely near .5 weights and initial production.    These are likely well above now.   If it was a half month it would be 220,150 respetively.  And for the first weeks of production where it generally increases this is really good!  And liquids of oil only.  But I think these wells are >90% oil.  
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