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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 > holy cow...i repeat holy cow
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•••
Comment by JohnJBondon Jan 05, 2022 10:18am
123 Views
Post# 34284822

RE:holy cow...i repeat holy cow

RE:holy cow...i repeat holy cowLooks like a combination of a short squeeze and NY figuring out that Covid is over (thanks to Omicron)

The end of covid means market euphoria 

It also means the energy crisis becomes clear 

it may even mean that investors  clue in that the earth is not presently warming - imagine what that would do for energy prices.    Then stop imagining because it's happening (LNG at $300 plus BOE in Japan Skurh Korea and Holland 

Presently I'm sitting back and watching to see if New England really is one cold step away from grid collapse - that cold snap is happening now 
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