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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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Comment by kavern23on Mar 08, 2022 1:02pm
140 Views
Post# 34496035

RE:RE:RE:RE:RE:RE:RE:RE:RE:EIA report

RE:RE:RE:RE:RE:RE:RE:RE:RE:EIA reportKramer this news just dropped oil from 128 down below 123.....
Why do you think USA is struggling to produce oil...covid hurt production but it will sky rocket in the USA....every month it is a gain in production

increased to 13m from 12.6 for 2023...mostly due to russia invasion

U.S. Shale Producers Are Set to Pick Up the Pace Amid Russian Ban Sheela Tobben 10:39 PM IST, 08 Mar 2022 11:09 PM IST, 08 Mar 2022 Save (Bloomberg) -- U.S. crude production is set to continue climbing as surging oil prices following Russia’s attack on Ukraine prompt producers to drill even more. This year’s production forecast will rise to 12 million barrels a day from an earlier projection of

Read more at: https://www.bloombergquint.com/markets/u-s-shale-producers-set-to-pick-up-the-pace-amid-russian-ban
Copyright © BloombergQuint
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