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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 > Multi lateral wells and other plays.....
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Comment by Hendrick3on Feb 23, 2022 6:41pm
198 Views
Post# 34455870

RE:RE:RE:RE:RE:RE:Multi lateral wells and other plays.....

RE:RE:RE:RE:RE:RE:Multi lateral wells and other plays.....

Steifel started OBE as a buy with a target price of $14. I think that was the catalyst for the big recovery and the pending results added to the upward momentum. 


lookinh forward to the PR tomorrow and the market's reaction. 

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