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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 Apr 26, 2022 8:56pm
130 Views
Post# 34634292

RE:Takeover market

RE:Takeover marketThe takeover market is a feeding ground for anyone with expensive paper 

Those who don't follow a dividend model are low hanging fruit just asking to get eaten for chump change 

Its an opportunity just waiting for someone to come along with higher priced paper and clean up

Loukas will know all about financial engineering.    He will also know how much his performance payout will be if he can get the shares to $100!

There is a rare opportunity here to make a ton of money and it all starts with a dividend model 

Investors love to get paid while they wait and watch 
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