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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > Happy Friday
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Comment by Goldenweston Dec 31, 2021 10:43am
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Post# 34273717

RE:RE:Happy Friday

RE:RE:Happy FridayHard to ask for a better ending to 2021 if this holds for the day. Even on a day like today with a lot of jrs red OBE up nicely. Once Q4 comes out numbers should give us another pop, and being able to pay down debt and maintain/grow production at current prices basically are getting a free call option on potentially increasing oil prices next year imho. Glta 
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Dealroom for high-potential pre-IPO opportunities