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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 > NR Thoughts.
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Comment by perstrudenton Apr 12, 2022 8:53pm
136 Views
Post# 34598810

RE:RE:RE:RE:RE:NR Thoughts.

RE:RE:RE:RE:RE:NR Thoughts.This could make a lot of sense if OBE seal clearwater was south of BTE seal clearwater. BTE management has stated that the formation thins out between peavine and seal and then apparently gets thicker further north towards &quot;golden&quot; area they reference where spur has a ton of land.<br /> <br /> In saying that doesnt bode well for TVE who was banking on great Peavine acquisition as there land would fall directly between the obe clearwater dud and the BTE stepout that I mentioned was pretty bad...
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