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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

Post by pennydredfulon Dec 31, 2021 4:21pm
172 Views
Post# 34275029

Played "Trader" kavern today

Played "Trader" kavern today
sold   25%   at    5.30  .   Keep   in mind  Dec.  31st  can  be a day  of  high  closings  from  a   PMs point    of view   as   a  small   incremental  change  at  year   end   can  result  in  a  bigger   or lower    performance   bonus    to the  portfolio  manager   so  there  could be  a monetary reward  for  goosing  some stocks   to  a high  close .  Needless  to  say  this must  be  done   with  trading   discretion as  blatant  high  closing   will  attract unwanted  attention.
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