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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 > EIA report
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Post by kavern23on Feb 15, 2022 10:44am
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Post# 34429827

EIA report

EIA reportI kinda expected something would happen to drop oil below 95 today as if oil didnt drop today....it may have tested 100 tomorrow on the EIA report.

EIA report is likely very bullish for oil tomorrow.  Last EIA report that will be crazy bullish for awhile

But if that report misses tomorrow...87-88 oil fast.

This crazy volitilty makes it easier to sit on sidelines....unless something get's crzy cheap.
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