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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 JohnJBondon Feb 21, 2022 11:07pm
134 Views
Post# 34449076

RE:RE:Biden is imposing sanctions now, any thoughts

RE:RE:Biden is imposing sanctions now, any thoughtsPutin is trying to get something.    Its unclear what that is.

This is a chess game, and Putin is in control of the board.   

I strongly doubt that he wants a military conflict with anyone who can fight back.

Declaring the breakaway states independant, and then signing deals for military bases in those states is a nice chess move.  

Assisting those states with their security is another nice chess move.

Is that what Putin wanted all along?    Don't know.

If I had to guess, I'd say no.     Russia has completed a mulitibillion dollar gas pipeline to Germany, which the Germans are refusing to permit for technical paperwork reasons.    One possibility is Putin will agree to withdraw his peace keepers from the breakaway republics if the German's complete the pipeline paperwork.

As for sanctions, pretty well nothing right now - I suspect those break away republics have little or no economic connection to the West.
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