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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 perstrudenton Feb 22, 2022 4:09pm
112 Views
Post# 34451568

RE:RE:RE:RE:Baytex..crushin clearwater as well for January

RE:RE:RE:RE:Baytex..crushin clearwater as well for JanuaryI appreciate your work. i have large position in both bte and obe, but been really curious on that bte seal well moreso for obe as with it success I would now view obe as best way to play the clearwater per market cap basis.

I truly appreciate those of you who have access to production data that post it. it really helps us retail out get and edge especially before earnings etc...

BTE with 2 rigs going steady at peavine is going to exit q1 with like 6000 to 7000 bopd none of that baked into its gameplan...if they dont keep 2 rigs plus bluesky rig drilling hard all year long they are crazy...peavine is paying out in 40 days when takes 15 days to drill...

As for BTE norther stepout Im guessing it was still cleaning up or not online full amount, that would be very different results for only a couple mile stepout from both other pads that were exceptional...and if it is that for full month with no technical issues then Id say the geography in the play going to be very hit and miss for these producers...but i really dont feel thats the case, and that it was just coming online and cleaning up. 
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